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This paper aims at analyzing the contribution of social policies to declining rates of income inequalities in Brazil since the 1990s. Based on a framework of historical institutionalism, Brazil is characterised as a traditionally patrimonial society, marked by the institution of slavery....
Persistent link: https://www.econbiz.de/10010355374
This paper aims at analyzing the effects of social policies on income inequalities in South Africa since the 1990s. Based on a framework of historical institutionalism, the heritage of a distributional regime based on institutional racism is highlighted. This had lasting effects on social...
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We use a labor search model with heterogenous households and firms to study the efficacy of a wage subsidy during a … that sector choose whether to lay off workers or keep them on payroll. A wage subsidy encourages firms to keep workers on … payroll, which speeds up labor market recovery after the pandemic ends. However, a wage subsidy can be costlier than enhancing …
Persistent link: https://www.econbiz.de/10013252975
We consider positive and normative aspects of subsidizing work arrangements where subsidies are paid in time of low demand and reduced working hours so as to stabilize workers' income. In a matching framework such an arrangement increases labor demand. Tightening eligibility to short-time work...
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This essay starts, after a short introduction on the importance and dimensions of "inclusive growth", with a brief empirical sketch on to what extent Europe has already succeeded with respect to this ambitious goal. The result is quite sobering and gives rise to the question: why is it so? The...
Persistent link: https://www.econbiz.de/10010357609