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Wage subsidies for microenterprises
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De Mel, Suresh, McKenzie, David and Woodruff, Christopher (2010) Wage subsidies for microenterprises. American Economic Review, Vol.100 (No.2). pp. 614-618. doi:10.1257/aer.100.2.614 ISSN 0002-8282.
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Official URL: http://dx.doi.org/10.1257/aer.100.2.614
Abstract
Wage subsidies have long been used by Governments as part of their active labor market policies
to generate employment for the disadvantaged or to sustain employment during downturns. The
current global financial crisis has seen such policies return to prominence, with many developed
nations using such policies to try and reduce lay-offs. Nicholas Kaldor (1936), P. Richard Layard
and Stephen Nickell (1980), and Lawrence Katz (1998) lay out the economic arguments for such
a policy, and discuss conditions under which a short-term subsidy might have longer-term effects
on employment for the targeted individuals.
Item Type: | Journal Article | ||||
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Subjects: | H Social Sciences > HC Economic History and Conditions | ||||
Divisions: | Faculty of Social Sciences > Economics | ||||
Library of Congress Subject Headings (LCSH): | Small business, Employment subsidies | ||||
Journal or Publication Title: | American Economic Review | ||||
Publisher: | Americal Economic Association | ||||
ISSN: | 0002-8282 | ||||
Official Date: | May 2010 | ||||
Dates: |
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Volume: | Vol.100 | ||||
Number: | No.2 | ||||
Number of Pages: | 5 | ||||
Page Range: | pp. 614-618 | ||||
DOI: | 10.1257/aer.100.2.614 | ||||
Status: | Peer Reviewed | ||||
Publication Status: | Published | ||||
Access rights to Published version: | Open Access (Creative Commons) | ||||
Date of first compliant deposit: | 3 December 2015 | ||||
Date of first compliant Open Access: | 3 December 2015 | ||||
Funder: | Bank Netherlands Partnership Program (BNPP), World Bank, National Science Foundation (U.S.) (NSF), Knowledge for Change Trust Fund | ||||
Conference Paper Type: | Paper | ||||
Title of Event: | 122nd Annual Meeting of the American-Economics-Association | ||||
Type of Event: | Conference | ||||
Location of Event: | Atlanta, GA | ||||
Date(s) of Event: | 2010 |
Data sourced from Thomson Reuters' Web of Knowledge
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