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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...
Persistent link: https://www.econbiz.de/10005822612
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...
Persistent link: https://www.econbiz.de/10010274092
-work credit, and (iii) an employment bonus in the form of subsidized social security contributions on low wages. The work …
Persistent link: https://www.econbiz.de/10005764454
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...
Persistent link: https://www.econbiz.de/10005068857
Persistent link: https://www.econbiz.de/10000765766
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bill if employment effects neglected by previous empirical studies are taken into account. Any increase in the total wage … bill by higher wage rates set is equally compensated for by lower levels of employment. If adjustments in employment due to …
Persistent link: https://www.econbiz.de/10009421947
incidence for the first time accounts for employment effects which result from tax induced wage changes. Workers share in … about half of the effect obtained in prior literature under the assumption that employment remained constant. A focus on …
Persistent link: https://www.econbiz.de/10010957949