Designing inclusion: tools to raise low-end pay and employment in private enterprise

Introduction / Edmund S. Phelps

1. Low-wage employment subsidies in a labor-turnover model of the "natural rate" / Hian Teck Hoon and Edmund S. Phelps

2. Taxes, subsidies and equilibrium labor market outcomes / Dale Mortensen and Christopher Pissarides

3. Learning-by-doing versus on-the-job training: using variation induced by the EITC to distinguish between models of skill formation / James J. Heckman, Lance Lochner and Ricardo Cossa

4. Unemployment vouchers versus low-wage subsidies / J. Michael Orszag and Dennis J. Snower.