Abstract:
I estimate a structural model of employer recruitment choice using data from the Multi-City Study of Urban Inequality (MCSUI), a 1992-1995 cross-sectional survey of employers and households in four metropolitan areas of the United States. I then conduct policy simulations to predict the effects of “information” policies such as the Workforce Investment Act of 1998 and “hiring incentive” policies such as the Welfare-to-Work and Work Opportunity tax credits. I find that the tax credits are superior to the information policy, both in improving placement rates for the low-skilled worker groups they target, and in increasing the starting wage distribution for these workers.
JEL-codes:J (search for similar items in EconPapers) Date: 2005-08-08 Note: Type of Document - doc View citations in EconPapers