The Case for Wage Insurance
A flexible labor market and an open economy are crucial to economic competitiveness, but can sometimes cause prime-aged and older workers to suffer large, long-term income losses. This report explains why existing government programs, which emphasize retraining and insurance for short-term job loss, don't assuage workers' fears about globalization. It also proposes a shift of resources from existing programs to wage insurance.
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The Case for Wage Insurance
A flexible labor market and an open economy are crucial to economic competitiveness, but can sometimes cause prime-aged and older workers to suffer large, long-term income losses. This report explains why existing government programs, which emphasize retraining and insurance for short-term job loss, don't assuage workers' fears about globalization. It also proposes a shift of resources from existing programs to wage insurance.
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The Case for Wage Insurance

The Case for Wage Insurance

by Robert J. LaLonde
The Case for Wage Insurance

The Case for Wage Insurance

by Robert J. LaLonde

Paperback

$12.00 
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Overview

A flexible labor market and an open economy are crucial to economic competitiveness, but can sometimes cause prime-aged and older workers to suffer large, long-term income losses. This report explains why existing government programs, which emphasize retraining and insurance for short-term job loss, don't assuage workers' fears about globalization. It also proposes a shift of resources from existing programs to wage insurance.

Product Details

ISBN-13: 9780876094051
Publisher: Council on Foreign Relations
Publication date: 12/15/2008
Series: Bernard and Irene Schwartz Series on American Competitivenes
Pages: 52
Product dimensions: 8.25(w) x 11.00(h) x 0.11(d)
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