affects employment, wage inequality, public expenditures, and aggregate income in the low-wage sector. It is shown that a … employment - depending on the subsidies' incidence - and income effects. Wage subsidies also allow a more equal income … distribution than statutory minimum wages. Combining a minimum wage with a wage subsidy, similar to the French minimum wage system …

productive firms in this setting are not only larger and make higher profits but they also have to pay higher wages due to rent … operating profits and hence have to pay higher wages than non-exporters. This exporter wage premium provides a source for losses … from trade and, all other things equal, makes a negative employment effect of trade more likely. Furthermore, it …

collective bargaining, minimum wages, employment protection laws, unemployment insurance (UI), mandated parental leave, and …

, leading to a link between a firm's operating profits and wages of workers employed by this firm. We estimate the parameters of … aggregate employment …

that helps low-skilled labor is conducive for controlling inequality and raising wage. Skilled talent-led innovation could … embedded in talented immigrants targeted for innovation …