Employer search and employment subsidies
Welters, Riccardo, and Muysken, Joan (2006) Employer search and employment subsidies. Applied Economics, 38 (12). pp. 1435-1448.
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In this paper insights into the literature on employment subsidy evaluation and that on employer search are merged to explore uncharted territory: the firm and job characteristics leading to deadweight loss in employment subsidy schemes. A model is developed which integrates various arguments found in the existing employer search literature. Using a survey of Dutch firms for 1999, the model predictions are confirmed. The richness of the data set enables one to construct some measures of deadweight loss which are new to the existing literature. It turns out that firms which experience low screening costs (large firms), firms that forego substantial production due to unfilled jobs (vacancies for full-time jobs) and firms operating in slack labour market conditions cause significantly more deadweight loss.
|Item Type:||Article (Refereed Research - C1)|
|FoR Codes:||14 ECONOMICS > 1402 Applied Economics > 140211 Labour Economics @ 100%|
|SEO Codes:||91 ECONOMIC FRAMEWORK > 9101 Macroeconomics > 910107 Macro Labour Market Issues @ 100%|
|Deposited On:||01 Mar 2010 15:58|
|Last Modified:||13 Feb 2011 01:03|
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