Hearings

Hearings
Author: United States. Congress. House. Committee on Banking and Currency
Publisher:
Total Pages: 1382
Release: 1958
Genre:
ISBN:

Does "Trickle Down" Work?

Does
Author: Joseph Persky
Publisher: W.E. Upjohn Institute
Total Pages: 190
Release: 2004
Genre: Business & Economics
ISBN: 088099309X

The authors explore a new framework for evaluating economic development projects. This framework is based on a job-chain approach. Each new job created by an economic development incentive is filled by an employee who leaves behind another job. In turn, that job may be filled by someone who leaves behind their old job, etc. Such job chains end when an unemployedworker, someone not previously in the labor force, or an in-migrant to the labor market takes a vacancy. Job chains are the mechanism for observing and measuring "trickle down". The job trains model developed in this book presents new insights into local economic development evaluation and strategy.