Labor Markets, Employment Policy, and Job Creation.

Abstract

Introduction - the historical context of current labour market debates, Lewis C. Solomon. Part 1 Job and skill demands in the economy: job and skill demands in the economy, Ray Marshall meeting the skill demands of the economy, Gary Burtless US education and training policy - a re-evaluation of the underlying assumptions behind the new consensus, James J. Heckman et al comment, G. Burtless comment, J.J. Heckman et al comment, Laurie J. Bassi comment, John Stern. Part 2 Sources of employment growth - sectors, size and reasons: gazelles, David Birch and James Medoff small business and job creation - dissecting the myth and reassessing the facts, Steven J. David et al comment, Robert W. Bednarzik comment, Barry Rogstad. Part 3 US productivity growth and its implications for future employment: productivity, employment and wages, Walter Y. Oi US productivity revisited - it remains better than you think, William J. Baumol comment, J. Haltiwanger comment, Patrick Savin. Part 4 Government mandates, labour costs and employment: how government reduces employment, Murray Weidenbaum observations on employment-based government mandates, with particular reference to health insurance, Alan B. Krueger comment, Ronald G. Ehrenberg comment, Stanley Zax. Part 5 Labour force demographics/income inequalities/returns to human capital: relative wages and skill demand, 1940-1990, Chinhui Juhn and Kevin M. Murphy skills, demography and the economy - is there a mismatch?, Frank Levy and Richard J. Murnane comment, Barbara L. Wolfe comment, June E. O'Neill comment, Richard L. Sandor.

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