employment is a type of wage subsidy paid to unemployed workers and they do not lose their unemployment benefits if the wage is … unemployment spell suffer a (causal) penalty for doing so, relative to their peers who do not. The penalty, in terms of less … employment, more unemployment, lower wages, lessens over time but is still present after three years. -- marginal employment …

employment is a type of wage subsidy paid to unemployed workers and they do not lose their unemployment benefits if the wage is … unemployment spell suffer a (causal) penalty for doing so, relative to their peers who do not. The penalty, in terms of less … employment, more unemployment, lower wages, lessens over time but is still present after three years. -- marginal employment …

. Marginal employment is a type of wage subsidy paid to unemployed workers and they do not lose their unemployment benefits if … during their unemployment spell suffer a (causal) penalty for doing so, relative to their peers who do not. The penalty, in … terms of less employment, more unemployment, lower wages, lessens over time but is still present after three years …