Job Duration and the Macro-evaluation of Employment Policy

The Example of UK Regional Policy

Datos Bibliográficos

ID10862425
AutoresColin Wren (0000-0001-5117-9379, Newcastle University, autor de correspondencia)
Año1993
Volumen30
Número3
Páginas573-580
Fecha de publicación1993-04-01
Peer ReviewedSí
Open AccessSí
TipoARTICLE
RevistaUrban Studies (JOURNAL)
Identificadores de la revistaISSN: 0042-0980 • E-ISSN: 1360-063X
EditorialSAGE Publications (PUBLISHER • US)
DOI10.1080/00420989320080561
OpenAlexW2143220368
IdiomaEN
Referencias citadas11

The paper argues that in order to use macro-evaluation techniques to calculate the employment effect of a policy over some sub-period after policy commencement, it is necessary to determine the rate at which policy jobs are lost. Crucially, it is the rate at which jobs cease to be attributable to policy which is relevant, rather than the rate at which jobs are lost to firms. This point is demonstrated for the case of UK regional policy over the period 1971-81. It is shown that the measured employment effect of this policy is highly sensitive to assumptions about the rate of policy jobs loss, but insensitive to the period over which jobs exist prior to being lost. Under reasonable assumptions, it is argued that the employment effect of this policy over the 1970s was twice that previously thought

Demographic economics · Duration (music · Economics · Labour economics · Macro · Order (exchange · Point (geometry · Finance · Labor market dynamics and wage inequality · Regional Development and Policy · Unemployment and Economic Growth