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 …

employment are made (at least partially) socially acceptable through the workfare nature of the unemployment benefit system and b … in employment and income distribution (and the related degradation of the workforce skills and family structures they are …

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 …

statutory minimum wage introduction in Germany in January 2015. A semi-structural estimation approach is employed based on a …. From a policy point of view, the introduction of a uniform minimum wage may therefore lead to different employment …

We explore the far-reaching implications of low-wage subsidies on aggregate employment. Low-wage subsidies have three … important effects. First, they promote employment of unskilled workers (who tend to be the ones who earn low wages). Second, by … that there are more unskilled workers associated with a relatively low employment rate. Third, the government budget …