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http://dspace.mediu.edu.my:8181/xmlui/handle/10419/3047| Title: | Designing employment subsidies |
| Keywords: | J23 J32 J38 J64 J65 J68 ddc:330 Unemployment Poverty Employment wages subsidies Employment policy Lohnsubvention Arbeitsmarktpolitik Wirtschaftspolitische Wirkungsanalyse Theorie |
| Issue Date: | 16-Oct-2013 |
| Description: | The paper examines the relative effectiveness of two policy proposals in reducing unemployment and working poverty: hiring subsidies and wage subsidies. The hiring subsidies are targeted exclusively at the unemployed and are provided only for a limited period of time. The wage subsidies, on the other hand, are granted to all low-wage earners regardless of their employment history and are of limitless duration. Our analysis indicates that the relative effectiveness of the two policies depends on workers' prospective wage growth. The more upwardly mobile workers are (i.e. the more their wages rise with employment duration), the more effective will unemployment vouchers be relative to low-wage subsidies. Conversely, the greater the danger that workers come to be trapped in dead-end jobs with flat wage profiles, the more effective will low-wage subsidies be relative to unemployment vouchers. |
| URI: | http://koha.mediu.edu.my:8181/xmlui/handle/10419/3047 |
| Other Identifiers: | Labour economics 0927-5371 10 2003 5 557-572 doi:10.1016/S0927-5371(03)00035-6 http://hdl.handle.net/10419/3047 ppn:369930223 |
| Appears in Collections: | EconStor |
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