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2. The Motivation . What are the welfare and distributional effects of employment creation?What is a job worth?No policy guidance: what kind of jobs to promote? High wage or low wage? For locals or commuters? Service sector or manufacturing?No adequate model of employment creation in local econo
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1. 1 Job Chains and Welfare Gains from Employment: Testing an I-O Type Labor Market ModelJoseph PerskyDaniel FelsensteinFunded by the W.E. Upjohn Institute for Employment Research
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