Der Beitrag geht auf theoretischer und empirischer Ebene der Frage nach, wie Lohnsubventionen und Mindestlöhne in Bezug auf Beschäftigungschancen interagieren und wie diese Interaktionseffekte zwischen einzelnen Arbeitnehmergruppen variieren können. Unter der Annahme eines neoklassischen...

We examine theoretically and empirically how wage subsidies and minimum wages interact regarding to employment opportunities, and how these interactive effects vary across different groups of workers. Assuming a neoclassical labor market and heterogeneous work, subsidized lowskilled worker...

The study examines the impact of wage subsidies on assisted jobseekers and on the firms that employ them, using propensity matching methods. Overall we find that starting a subsidised job leads to significant employment and earning benefits for assisted jobseekers over several years. Subsidised...

The persistently high unemployment rate has always been one of the most pressing socio-economic problems of the South African economy. There is a general consensus that unemployment is structural, as there is a mismatch between the skills demanded by employers for the available jobs and the...

This paper focuses on the quality of entrepreneurs when individuals, who differ in terms of entrepreneurial ability and wealth, choose between entrepreneurship and wage-earning. A loan is required to become an entrepreneur. Four wealth classes form endogenously. Banks' inability to identify the...