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