unemployment is introduced by an exogenously given wage rate, orientating ourselves by what has been called in the literature the …

unemployment when taking place in industries characterized by low skilled wage rigidity. Thus, in terms of unemployment, not …

-skilled unemployment. Yet, empirical evidence on their effectiveness is scarce. In this paper, we use Belgian administrative data to … exact matching. Our findings indicate that such subsidies can be effective in reducing unemployment and inactivity, but only …