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Designing Inclusion: Tools to Raise Low-End Pay and Employment in Private Enterprise

Designing Inclusion: Tools to Raise Low-End Pay and Employment in Private Enterprise

Hardcover

Labor

ISBN10: 0521816955
ISBN13: 9780521816953
Publisher: Cambridge University Press
Published: Nov 27 2003
Pages: 178
Weight: 0.95
Height: 0.56 Width: 6.00 Depth: 9.00
Language: English
Economists may suppose that low-wage work can result in correspondingly low productivity. The best solution to high unemployment and turnover and low productivity is to pay users of low-wage labor a subsidy for each unit of labor they use. Top economists examine the best ways to address the problem of low wages and employment in the low-skilled labor pool.

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Phelps, Edmund

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Labor