ENGLISH

Does "Trickle Down" Work?: Economic Development Strategies and Job Chains in Local Labor Markets

By Daniel Felsenstein , Joseph Persky , Virginia Carlson

Book information

Publisher
W. E. Upjohn Institute
Year
2004
ISBN
0880993081, 9780880993081, 088099309X, 9780880993098
Google Books ID
a7a6D8GUh_4C
Open Library ID
OL8136231M
Language
english
Format
PDF
Filesize
3 MB (2693329 bytes)
Pages
190\190
Orientation
yes
Scanned
no
Time added
2012-02-04 16:00:00

Description

The authors explore a new framework for evaluating economic development projects. This framework is based on a job-chain approach. Each new job created by an economic development incentive is filled by an employee who leaves behind another job. In turn, that job may be filled by someone who leaves behind their old job, etc. Such job chains end when an unemployed worker, someone not previously in the labor force, or an in-migrant to the labor market takes a vacancy. Job chains are the mechanism for observing and measuring "trickle down". The job trains model developed in this book presents new insights into local economic development evaluation and strategy.

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