Document Type
Paper Series
Publication Date
1996
No.
40
Abstract
In this paper, the author argues that the wage subsidy is a valuable policy tool in the face of structural changes such as would result from the removal of tariffs, or in the face of a need to assist the disadvantaged or redress distributional inequity. After discussing wage subsidies that target at specific segments of the population, which has the potential to improve both static and dynamic efficiency, the author goes on to discuss and contrast his universal wage subsidy proposal with the negative income tax and the minimum wage legislation, all of which are designed mainly for distributional purposes.
Recommended Citation
Ho, L. S. (1996). Wage subsidies as a labour market policy tool (CPPS Working Paper Series No.40). Retrieved from Lingnan University website: http://commons.ln.edu.hk/cppswp/27/
Included in
Labor Economics Commons, Public Affairs, Public Policy and Public Administration Commons
Comments
CPPS Working Paper Series No.40 (12/96)