Does the Targeted Jobs Tax Credit Create Jobs at Subsidized Firms?

This paper uses the results of a survey of more than 3,500 private employers to determine whether use of the Targeted Jobs Tax Credit (TJTC) alters the level of a firm\u27s employment and/or whom the firm hires. We estimate that each subsidized hire generates between .13 and .3 new jobs at a participating firm. Use of the program also appears to induce employers to hire more young workers (age 25 and under). Our results suggest, however, that at least 70 percent of the tax credits granted employers are payments for workers who would have been hired even without the subsidy. Such payments represent mere transfers to employers

Organic atmospheric particulate material

Carbonaceous compounds comprise a substantial fraction of atmospheric particulate matter (PM). Particulate organic material can be emitted directly into the atmosphere or formed in the atmosphere when the oxidation products of certain volatile organic compounds condense. Such products have lower volatilities than their parent molecules as a result of the fact that adding oxygen and/or nitrogen to organic molecules reduces volatility. Formation of secondary organic PM is often described in terms of a fractional mass yield, which relates how much PM is produced when a certain amount of a parent gaseous organic is oxidized. The theory of secondary organic PM formation is outlined, including the role of water, which is ubiquitous in the atmosphere. Available experimental studies on secondary organic PM formation and molecular products are summarized

Is it Wise to Try to Force Employers to Pay All the Costs of Training at the Workplace?

[Excerpt] This article explores the effects that these regulations have on: (a) the form of labor contracts and on training outcomes such as: (b) who pays for work place training of non-exempt employees, (c) whether training is obtained at schools or firms, (d) how much training non-exempt employees get? The evidence on who gets and who pays for training is consistent with the proposition that these regulations are having the effects that economists would predict for them. Many other explanations fit the data just as well, however, so causal connections between these regulations and training outcomes cannot be proved beyond a reasonable doubt

The Effect of National Standard and Curriculum-Based Exams on Achievement

[Excerpt] Two presidents, the National Governors Association and numerous blue ribbon panels have called for the development of state or national content standards for core subjects and examinations that assess the achievement of these standards. The Competitiveness Policy Council, for example, advocates that external assessments be given to individual students at the secondary level and that the results should be a major but not exclusive factor qualifying for college and better jobs at better wages (1993, p. 30). It is claimed that curriculum-based external exit exam systems (CBEEEs) based on world class content standards will improve teaching and learning of core subjects. What evidence is there for this claim? Outside the United States such systems are the rule, not the exception. What impacts have such systems had on school policies, teaching and student learning

The Skills Shortage and the Payoff to Vocational Education

[Excerpt] Skill demands also appear to be rising within occupations. Increasing numbers of manufacturing workers are working in production cells in which every member of the team is expected to learn every job. Production workers are being given responsibilities--quality checking, statistical process control (SPC) record keeping, resetting machines shown by SPC to be straying from target dimensions, redesigning the layout of the machines in the production cell--that used to be the sole province of supervisors, specialized technicians and industrial engineers. What implications do these changes in skill demands have for the payoff to high school vocational education? Are workers who develop the technical skills taught in trade and technical programs, in fact, more productive when they get a job in the field? Are the skills taught in these programs still valued by the labor market? Has the payoff to high school vocational training increased along with the payoff to other skills? What changes in the way vocational education is delivered are implied by the tight labor markets for highly skilled workers? This paper attempts to answer these questions by examining four different kinds of evidence on the economic payoffs to occupationally specific training in high school

Some Properties of Type I' String Theory

The T-dual formulation of Type I superstring theory, sometimes called Type I' theory, has a number of interesting features. Here we review some of them including the role of D0-branes and D8-branes in controlling possible gauge symmetry enhancement.Comment: 10 pages; Submitted to a volume in memory of Yuri Golfand; v2: reference adde

Discovering a Better Way: The Need for Effective Civil Litigation Reform

This Article addresses the myriad problems posed by unfettered discovery in the United States Rather than promoting fairness and efficiency in the American legal system, plaintiffs today often use discovery in an abusive and vexatious manner to coerce defendants into accepting quick settlements Over the past several decades, discovery has expanded in both scope and magnitude such that discovery costs now account for at least half of the total litigation costs in any given case The advent of electronic discovery has only exacerbated the problem, given the sheer number of electronic documents generated in the course of business and the corresponding time, effort, and cost associated with electronic discovery Although recent efforts to amend the Federal Rules of Civil Procedure have failed to combat the abuses of civil discovery, meaningful and effective reform of the current system is possible This Article proposes a number of pragmatic reforms-including adopting the English rule for discovery disputes and suspending discovery during the pendency of a motion to dismiss-to mitigate the abusive and costly nature of discovery in the United State