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Employment Subsidies and Substitutable Skills: An Equilibrium Matching Approach Author info | Abstract | Publisher info | Download info | Related research | Statistics Gabriele Cardullo
Bruno Van der Linden
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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 susbsidies and in-work benefits and on their internactions with the profile of unemployment benefits and with active labor market programs.
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Article provided by Duncker & Humblot, Berlin in its journal Applied Economics Quarterly .
Volume (Year): 53 (2007)
Issue (Month): 4 ()
Pages: 375-404
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Keywords: search-matching equilibrium reductions of social security contributions labor market programs Other versions of this item:
Paper Gabriele, CARDULLO & Bruno, VANDERLINDEN, 2006.
"Employment subsidies and substitutable skills : An equilibrium matching approach ,"
Université catholique de Louvain, Département des Sciences Economiques Working Paper
2006010, Université catholique de Louvain, Département des Sciences Economiques.
[Downloadable!] Gabriele Cardullo & Bruno Van der Linden, 2006.
"Employment Subsidies and Substitutable Skills: An Equilibrium Matching Approach ,"
IZA Discussion Papers
2073, Institute for the Study of Labor (IZA).
[Downloadable!] Find related papers by JEL classification: E24 - Macroeconomics and Monetary Economics - - Macroeconomics: Consumption, Saving, Production, Employment, and Investment - - - Employment; Unemployment; Wages; Intergenerational Income Distribution J68 - Labor and Demographic Economics - - Mobility, Unemployment, and Vacancies - - - Public Policy H2 - Public Economics - - Taxation, Subsidies, and Revenue
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Working Paper Series
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references Cited by : (explanations , Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile , click on "citations" and make appropriate adjustments.)
Alessio J. G. Brown & Christian Merkl & Dennis J. Snower, 2007.
"Comparing the Effectiveness of Employment Subsidies ,"
IZA Discussion Papers
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Brown, Alessio J G & Merkl, Christian & Snower, Dennis J., 2007.
"Comparing the Effectiveness of Employment Subsidies ,"
CEPR Discussion Papers
6334, C.E.P.R. Discussion Papers.
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