Employment subsidies and substitutable skills
Subtitle: an equilibrium matching approach
By: by Gabriele Cardullo, Bruno Van der Linden
Contributors: Van der Linden, Bruno
Series: Discussion paper -- no. 2073; Discussion paper (Forschungsinstitut zur Zukunft der Arbeit : Online) -- no. 2073
Publisher: IZA
Published: 2006
Place of publication: Bonn, Germany
Language: eng
Format: [electronic resource] :
Subjects: Employment subsidies; Manpower policy; Equilibrium (Economics)
Description: "The search-matching model is well suited for an equilibrium evaluation of labor market policies. When those policies are targeted on some groups, the usual juxtaposition of labor markets is however a shortcoming. There is a need for a setting where workers' productivity depends on employment levels in all markets. This paper provides such a theoretical setting. We first develop a streamlined model and then show that it can be extended to deal with interactions among various labor market and fiscal policies. Simulation results focus on the effects of employment subsidies and in-work benefits and on their interactions with the profile of unemployment benefits and with active labor market programs"--Forschungsinstitut zur Zukunft der Arbeit web site.
Notes: Title from PDF file as viewed on 4/11/2006.

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