A study examined the effect of the Targeted Jobs Tax Credit (TJTC) on a variety of employer- and employment-related outcomes. Data were collected from two databases and a set of case studies. Although most employers report having heard of TJTC, only a small number of firms were actually participating in the program. TJTC did not appear to change…

Wage rates and earnings give misleading signals to public and private policymakers as to the benefits of certain kinds of education and training investments. These misleading signals result from the fact that (1) workers and employers prefer employment contracts that either do not recognize or only partially recognize differences in productivity…