5.1 BCA of Employment and Training Programs.pdf - Bene\ufb01t-Cost Analysis BENEFIT-COST ANALYSIS EMPLOYMENT AND PROGRAM EVALUATION Bene\ufb01t-Cost Analysis

5.1 BCA of Employment and Training Programs.pdf -...

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Benefit-Cost Analysis BENEFIT-COST ANALYSIS, EMPLOYMENT, AND PROGRAM EVALUATION Benefit-Cost Analysis, Employment, and Program Evalua:on
Benefit-Cost Analysis BENEFIT-COST ANALYSIS OF EMPLOYMENT AND TRAINING PROGRAMS Benefit-Cost Analysis, Employment, and Program Evalua:on
Benefit-Cost Analysis of Employment Programs What are the socialbenefits of employmentand training (E&T)programs?
Market outcomes: Output has value Produc:on earns wages + benefits Transfers and addi3onal costs (including opportunity costs for labor) Benefit-Cost Analysis, Employment, and Program Evalua:on
Social Surplus Change from an Induced Wage Increase Hypothe:cal skill development course

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