Designing Inclusion
Subtitle: Tools to Raise Low-end Pay and Employment in Private Enterprise
Publisher: Cambridge University Press
Published: December 22, 2003
Language: eng
Format: Hardcover
Number of pages: 178
ISBN-13: 9780521816953
Subjects: Labour economics; Political economy; Marginality, Social; Developed countries; Business & Economics; Business / Economics / Finance; Business/Economics; Underemployment; Labor; Business & Economics / Labor; Employment subsidies; Wages and labor productivity
First sentence: This chapter models two kinds of wage subsidy in a model of the natural rate having a continuum of workers ranked by their productivity - a flat wage subsidy and a graduated wage subsidy, each financed by a proportional payroll tax.