Haan, Peter; Steiner, Viktor - DIW Berlin (Deutsches Institut für Wirtschaftsforschung) - 2006
We evaluate three policy reforms targeted at older unemployed people: (i) an hourly wage subsidy, (ii) an in-work credit, and (iii) a subsidy of social security contributions on low wages. The work incentive, labour supply and welfare effects of these hypothetical reforms are analysed on the...