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DOES TRADE ADJUSTMENT ASSISTANCE HELP TRADE‐DISPLACED WORKERS?
Author(s) -
Marcal LE
Publication year - 2001
Publication title -
contemporary economic policy
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 0.454
H-Index - 49
eISSN - 1465-7287
pISSN - 1074-3529
DOI - 10.1111/j.1465-7287.2001.tb00050.x
Subject(s) - displaced workers , earnings , unemployment , competition (biology) , economics , labour economics , business , demographic economics , finance , economic growth , ecology , biology
The federal Trade Adjustment Assistance (TAA) program was designed to aid workers who have lost their jobs because of increased import competition. Linear earnings functions provide little evidence that the TAA program increases the subsequent wages of its participants over comparable unemployment insurance (UI) exhaustees. However, adjusting for time spent training, TAA trainees were employed more than comparable nontrainees.