Title of article :
The hiring subsidy cum firing tax in a search model of unemployment
Author/Authors :
Ben J. Heijdra، نويسنده , , Jenny E. Ligthart، نويسنده ,
Issue Information :
روزنامه با شماره پیاپی سال 2002
Abstract :
We study the macroeconomic and welfare effects of a tax-subsidy scheme on labour in a model with search unemployment. In a second-best world welfare increases if unemployment is inefficiently high or if there are pre-existing fiscal distortions.
Keywords :
Firing tax , Equilibrium unemployment , Job search , Hiring subsidy
Journal title :
Economics Letters
Journal title :
Economics Letters
