We use a labor search model with heterogenous households and firms to study the efficacy of a wage subsidy during a … that sector choose whether to lay off workers or keep them on payroll. A wage subsidy encourages firms to keep workers on … payroll, which speeds up labor market recovery after the pandemic ends. However, a wage subsidy can be costlier than enhancing …

importer of the three types of fertilizer covered by the subsidy program, which indicates that the agrovets either acquire …

This paper evaluates a 90-day hiring subsidy designed for young jobseekers aged below 25, introduced in Hungary in 2015 … as part of the Youth Guarantee programme. The subsidy covers the total wage cost with no obligation to retain the new … hire when the subsidy expires. The analysis is based on linked administrative data taken from the unemployment register …