An inclusion failure has become highly visible in the advanced
economies of the West. Too many able-bodied people are subject to
chronic joblessness and, when employed, cannot earn a living
remotely like that in the mainstream of the population. One policy
response has been to give such workers a range of goods and
services without charge, another has been to single out some groups
for tax credits tied to their earnings. However, many of the
welfare programs actually weaken people's incentive to participate
in the labour force and wage-income tax credits appear to have made
hardly a dent in joblessness. This volume brings together leading
economists to present four studies of methods to rebuild
self-sufficiency and boosting employment: a graduated employment
subsidy, a hiring subsidy and subsidies for training and education.
It is of interest to anyone with a serious interest in the
economics of subsidies to raise inclusion.
General
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