Can Supply-Side policies Reduce unemployment? Lessons from North America
Recent US experience offers lessons about supply-side policies to sustain low unemployment. These include programs to change the skills of the workforce and improve the microeconomic incentives facing workers and employers. Two supply-side policies were greatly expanded after the mid-1980s. Congress established generous earnings supplements, payable to low-income parents, to encourage unskilled workers to find and keep jobs. Social assistance was reformed to limit the duration of benefits and to link payments to recipients’ participation in work preparation and paid employment. Experimental and nonexperimental studies suggest these measures boosted employment among the economically disadvantaged. Compared with other OECD countries, the US maintained strong incentives for employers to create jobs for the hard-to-employ. Payroll tax and regulatory burdens on employers were kept low, and the legal minimum wage fell significantly after 1979. The US experience shows supply-side policies can boost the employment rates of the hard-to-employ and hold down structural unemployment.
To our knowledge, this item is not available for
download. To find whether it is available, there are three
1. Check below under "Related research" whether another version of this item is available online.
2. Check on the provider's web page whether it is in fact available.
3. Perform a search for a similarly titled item that would be available.
Volume (Year): 5 (2002)
Issue (Month): 2 (June)
|Contact details of provider:|| Web page: http://business.curtin.edu.au/research/publications/journals/ajle/|
More information through EDIRC
References listed on IDEAS
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
- Gary Burtless, 1985. "Are targeted wage subsidies harmful? Evidence from a wage voucher experiment," Industrial and Labor Relations Review, ILR Review, Cornell University, ILR School, vol. 39(1), pages 105-114, October.
- Cameron, Stephen V & Heckman, James J, 1993.
"The Nonequivalence of High School Equivalents,"
Journal of Labor Economics,
University of Chicago Press, vol. 11(1), pages 1-47, January.
- Atkinson, Anthony B & Micklewright, John, 1991. "Unemployment Compensation and Labor Market Transitions: A Critical Review," Journal of Economic Literature, American Economic Association, vol. 29(4), pages 1679-1727, December.
- Meyer, Bruce D. & Rosenbaum, Dan T., 2000. "Making Single Mothers Work: Recent Tax and Welfare Policy and its Effects," National Tax Journal, National Tax Association, vol. 53(n. 4), pages 1027-62, December.
- Burtless, Gary, 1990. "The Economist's Lament: Public Assistance in America," Journal of Economic Perspectives, American Economic Association, vol. 4(1), pages 57-78, Winter.
- Moffitt, Robert, 1985. "Unemployment insurance and the distribution of unemployment spells," Journal of Econometrics, Elsevier, vol. 28(1), pages 85-101, April.
- repec:mpr:mprres:1978 is not listed on IDEAS
- W. Craig Riddell & Andrew Sharpe, 1998. "The Canada-US Unemployment Rate Gap: An Introduction and Overview," Canadian Public Policy, University of Toronto Press, vol. 24(s1), pages 1-37, February.
- Paul T Decker Christopher J OLeary, 1995.
"Evaluating Pooled Evidence from the Reemployment Bonus Experiments,"
Mathematica Policy Research Reports
451a3004f93541d5a54c62bbd, Mathematica Policy Research.
- Paul T. Decker & Christopher J. L'Leary, 1995. "Evaluating Pooled Evidence from the Reemployment Bonus Experiments," Journal of Human Resources, University of Wisconsin Press, vol. 30(3), pages 534-550.
- Paul T. Decker & Christopher J. O'Leary, 1994. "Evaluating Pooled Evidence from the Reemployment Bonus Experiments," Upjohn Working Papers and Journal Articles 94-28, W.E. Upjohn Institute for Employment Research.
- Paul T. Decker & Christopher J. O'Leary, . "Evaluating Pooled Evidence from the Reemployment Bonus Experiments," Upjohn Working Papers and Journal Articles ptdcjo1995, W.E. Upjohn Institute for Employment Research.
- Lawrence F. Katz & Bruce D. Meyer, 1988.
"The Impact of the Potential Duration of Unemployment Benefits on the Duration of Unemployment,"
NBER Working Papers
2741, National Bureau of Economic Research, Inc.
- Katz, Lawrence F. & Meyer, Bruce D., 1990. "The impact of the potential duration of unemployment benefits on the duration of unemployment," Journal of Public Economics, Elsevier, vol. 41(1), pages 45-72, February.
- Lawrence Katz & Bruce Meyer, 1988. "The Impact of the Potential Duration of Unemployment Benefits on the Duration of Unemployment," Working Papers 621, Princeton University, Department of Economics, Industrial Relations Section..
- Nickell, Stephen, 1998. "Unemployment: Questions and Some Answers," Economic Journal, Royal Economic Society, vol. 108(448), pages 802-16, May.
- Bruce D. Meyer & Dan T. Rosenbaum, 1999.
"Making Single Mothers Work: Recent Tax and Welfare Policy and its Effects,"
JCPR Working Papers
152, Northwestern University/University of Chicago Joint Center for Poverty Research.
- Bruce D. Meyer & Dan T. Rosenbaum, 2000. "Making Single Mothers Work: Recent Tax and Welfare Policy and its Effects," NBER Working Papers 7491, National Bureau of Economic Research, Inc.
- Gary Burtless, 1998. "Relative Unemployment in Canada and the United States: An Assessment," Canadian Public Policy, University of Toronto Press, vol. 24(s1), pages 254-263, February.
When requesting a correction, please mention this item's handle: RePEc:ozl:journl:v:5:y:2002:i:2:p:115-142. See general information about how to correct material in RePEc.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Alan Duncan)
If references are entirely missing, you can add them using this form.