Discuss the details of the policy proposal

Reference no: EM132646558

Assignment: Policy evaluation

Stage 1: instruction (approx. 1000 words)

Find a policy related to labor economics that was proposed in North America within the last year (an example of a past policy proposal is Elizabeth Warren's universal childcare plan).

In stage 1 of your paper, I want you to discuss the details of the policy proposal. I.e., tell me what is being proposed, who is proposing it, what country it is being proposed in, who is being targeted, why is the policy being proposed, etc.

Make sure you cite all the references.

Stage 2: approx 1500-2000

Use the economic framework we have learned throughout the semester to work through the expected "effects" of the policy. For example, can the policy be considered a demogrant? If so, given what we have learned about the labour-leisure model, how do we expect the policy to affect the allocation of labour supplied? Once you have described the theory underlying the expected effects, summarize at least 5 empirical papers that have looked at similar policies in other contexts. What are their findings? Do they align with what the theory predicts? If not, why? An empirical paper is one that uses data to evaluate a specific policy. You may want to start looking for relevant papers in leading economic journals, including, but not limited to:

- The American Economic Review

- The Quarterly Journal of Economics

- The Journal of Labor Economics

- Labour Economics

- The Journal of Human Resources

- American Economic Journal: Applied Economics - American Economic Journal: Economic Policy
And for Canadian content:

- The Canadian Journal of Economics - Canadian Public Policy

Stage 3: approx 1000 words:

Provide an analysis of the policy. This should reflect your opinion of the policy: What will be the outcomes of the policy based on your description of the theory and the empirical results? Will it be successful? Are there aspects of your setting that will lead to a more or less effective implementation compared to other similar settings? Are there aspects of your setting that are different from the other papers you read and if so, do you expect these institutional differences to lead to different policy outcomes? You may also wish to suggest ways in which this policy could be improved upon.

Reference no: EM132646558

Questions Cloud

What is the impact of resource endowments : What is the impact of resource endowments on comparative advantage? Is the factor-endowment theory a good predictor of trade patterns?

Legal practices to international business law issues : Apply an understanding of national and international legal practices to international business law issues - Achieve a firm understanding of global legal issues

Identify the nature of economic and technological forces : Briefly identify the nature of economic, competitive and technological forces of change in organizations. Consider an organization which you are familiar.

Would recommend that developed country eliminate tariff : Select a developed country that has implemented a tariff, and a developing country that manufactures products that are impacted by that same tariff.

Discuss the details of the policy proposal : In stage 1 of your paper, I want you to discuss the details of the policy proposal. I.e., tell me what is being proposed, who is proposing it, what country.

Who benefits the most from an increase in the minimum wage : Does raising the minimum wage reduce employment, that is, does it increase job loss? Who benefits the most from an increase in the minimum wage?

How is south african culture different from us culture : How is South African culture different from or similar to U.S. culture? In what ways could South Africa benefit from hosting the World Cup in the long term?

Perform big data query manipulation : Perform big data query manipulation, evaluate various data storage option and type of aggregated data modelling - Carry out research on emerging Big Data

Would you prefer to buy a business or start a new one : Would you prefer to buy a business or start a new one? Explain your choice by giving some of the pros and cons of doing either. Use your reading and research.

User Account

All Pages