Venetoklis, Takis; Kangasharju, Aki - Valtion taloudellinen tutkimuskeskus (VATT), Government … - 2003
programmes on firms have rarely been evaluated. Here we examine whether subsidised jobs have contributed to the employment of … annually from 1995-1999. Our results indicate that wage subsidies have increased employment in subsidised firms, but the effect … has not been large enough. Public subsidies appear to substitute private employment expenditure. However, subsidised firms …