Reference : Optimal Employment Subsidies to Heterogeneous Workers: Unemployment-Trap, Job-Additio...
Scientific journals : Article
Business & economic sciences : Multidisciplinary, general & others
http://hdl.handle.net/10993/25736
Optimal Employment Subsidies to Heterogeneous Workers: Unemployment-Trap, Job-Additionality and Tax Rates
English
Picard, Pierre M mailto [University of Luxembourg > Faculty of Law, Economics and Finance (FDEF) > Center for Research in Economic Analysis (CREA) >]
2001
Annales d’Economie et de Statistique = Annals of Economics and Statistics
Institut National de la Statistique et des Etudes Economiques (ADRES)
62
97-127
Yes
0769-489X
2115-4430
Paris
France
[en] Unemployment and welfare benefits generate unemployment
traps. In this paper, we design the optimal employment subsidies that
allow governments to reduce unemployment traps under constant budget
deficit and without diminishing workers' welfare. We explore the effects of
work incentives on the shape and on the properties of employment subsidies.
We finally address the issues of self-help effect and job-additionality.
http://hdl.handle.net/10993/25736

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