David Neumark’s (University of California, Irvine) proposal would implement job subsidies in extremely poor areas, defined as those where 40 percent or more of individuals are below the poverty line. … Neumark’s plan provides 18 months of fully subsidized nonprofit employment to low-income individuals who live in these areas.

For the full story, please visit https://www.realclearmarkets.com/articles/2018/10/19/placed-based_policies_for_shared_economic_growth_103456.html.

 

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