Ngai, L. Rachel; Pissarides, Christopher - London School of Economics (LSE) - 2008
We examine the implications of tax and subsidy policies for employment in the “three worlds of welfare”, Anglo …-Saxon, Continental European and Scandinavian. We argue that home production is key to a proper evaluation of the employment outcomes …. Anglo-Saxon low-support policies encourage more overall market employment. Continental transfer policies encourage more home …