This paper provides a theoretical and quantitative analysis of various types of wellknown employment subsidies. Two … important questions are addressed: (i) How should employment subsidies be targeted? (ii) How large should the subsidies be? We …) improve employment and welfare, (b) do not raise earnings inequality and (c) are self-financing. This criterion enables us to …

costs influence insider wages and outsiders' opportunities and how these costs affect employment and unemployment. We also … address the more complex, and open, question of how employment and unemployment move through time, in response to labor market …

to all low-wage earners regardless of their employment history and are of limitless duration. Our analysis indicates that … workers are (i.e. the more their wages rise with employment duration), the more effective will unemployment vouchers be …

"buffer stock" employment to workers displaced from private employment, then full employment can be maintained over the course … of the business cycle. Kalecki was sceptical about the prospects for maintaining full employment in capitalist economies … employment. We argue that in and of themselves, JG/ELR schemes do not create the fundamental institutional change required to …

Using a unique micro panel data set we investigate whether active labor market programs improve employment prospects …

properties of employment and unemployment equilibrium. Second, it applies the model to the study of employment fluctuations and … unemployed workers from inactivity to production (the ‘job creation’ flow) and one for the flow of workers from employment to … flows are equal. The model is shown to explain well the employment fluctuations observed in the US economy, within the …

The likely impact of the EMU on the variability and level of employment is analyzed. The major conclusions are as …

people's employment incentives and could achieve reductions in unemployment without reducing the level of support to the …