are with a high probability expected to be only transitory and not permanent, a relatively small employment subsidy will …. -- recession ; employment ; sunk firing costs ; uncertainty ; employment subsidy …

consider the equilibrium effects of a hiring subsidy, a payroll tax reduction, and an employment subsidy. While calibrating …) Act of 2010. We find that a hiring subsidy and a payroll tax deduction, as in the HIRE Act, can stimulate job creation in … credit ; employment subsidy ; unemployment insurance …