This paper investigates the effects of business subsidies on the employment of firms, and explores possible regional differences in the effects. Employment of firms is annually followed between 1995-1998. We find that employment subsidies increase firms' own employment payroll on average by 5.0...

This paper investigates the effects of business subsidies on the employment of firms, and explores possible regional differences in the effects. Employment of firms is annually followed between 1995-1998. We find that employment subsidies increase firms' own employment payroll on average by 5.0...

The literature evaluating active labour market programmes concentrates on the subsequent labour market performance of the unemployed work force that has undergone training or has spent a certain period in a subsidised job. The effects of programmes on firms have rarely been evaluated. Here we...

This paper investigates the effects of business subsidies on the employment of firms in Finland, and explores possible regional differences in the effects. Employment of some 26,000 firms is followed annually between 1995-1998. We find that labour subsidies increase the firms' own employment...