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Wage Subsidies
Published online by Cambridge University Press: 01 January 2023
Abstract
The Committee on Employment Opportunities viewed temporary wage subsidies as a means through which the current long-term unemployed could be brought back into the effective labour supply. Experience with wage subsidies suggests that they will lead to minimal job creation and a churning of the pool of unemployment.
- Type
- Symposium: Options to Reduce Long Term Unemployment
- Information
- Copyright
- Copyright © The Author(s) 1994
Footnotes
I am grateful to Charles Mulvey for helpful comments.
References
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