Wage subsidies as a labour market policy tool

Document Type

Journal article

Source Publication

Policy Sciences

Publication Date

3-1-2000

Volume

33

Issue

1

First Page

89

Last Page

100

Publisher

Springer New York LLC

Abstract

In this paper, the author argues that 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 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.

DOI

10.1023/A:1004774928116

Print ISSN

00322687

E-ISSN

15730891

Publisher Statement

Copyright © 2000 Kluwer Academic Publishers

Access to external full text or publisher's version may require subscription.

Full-text Version

Publisher’s Version

Language

English

Recommended Citation

Ho, L. S. (2000). Wage subsidies as a labour market policy tool. Policy Sciences, 33(1), 89-100. doi: 10.1023/A:1004774928116

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