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short-run wages, but fared significantly better in the longer run. Second, we compare labor market outcomes of subsidized … wages of workers would not have differed significantly, if they had been hired in another industry instead. However, we find … significant differences in short-term wages, employment and tenure outcomes across industries. Finally, from a fiscal point of …
Persistent link: https://www.econbiz.de/10008778683
short-run wages, but fared significantly better in the longer run. Second, we com-pare labor market outcomes of subsidized … wages of workers would not have differed significantly, if they had been hired in an-other industry instead. However, we … find significant differences in short-term wages, employment and tenure outcomes across industries. Finally, from a fiscal …
Persistent link: https://www.econbiz.de/10003985075
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The paper measures the impact of a wage subsidy for long term unemployed workers, using a large administrative dataset from Hungary. While such subsidies are often promoted as an efficient way to speed up the recovery of the economy or to increase demand for low skilled workers, existing...
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