Wage subsidies as a labour market policy tool
Springer New York LLC
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.
Copyright © 2000 Kluwer Academic Publishers
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Ho, L. S. (2000). Wage subsidies as a labour market policy tool. Policy Sciences, 33(1), 89-100. doi: 10.1023/A:1004774928116