Hiring subsidies, job creation and job destruction

被引：7

作者：

Kitao, Sagiri ^{[2
]}

Sahin, Ayseguel ^{[1
]}

Song, Joseph ^{[3
]}

机构：

[1] Fed Reserve Bank New York, Res & Stat Grp, New York, NY 10045 USA

[2] Hunter Coll, Dept Econ, New York, NY USA

[3] Columbia Univ, Dept Econ, New York, NY 10027 USA

来源：

ECONOMICS LETTERS | 2011年 / 113卷 / 03期

关键词：

Employment; Unemployment; Hiring subsidy; UNEMPLOYMENT;

D O I：

10.1016/j.econlet.2011.08.001

中图分类号：

F [经济];

学科分类号：

02 ;

摘要：

We quantify the effects of hiring subsidies using the model of Mortensen and Pissarides (2003). The job creation effect can be large in a weak labor market. However, in the long-run, subsidies raise the wage and equilibrium unemployment. (C) 2011 Elsevier B.V. All rights reserved.

引用

页码：248 / 251

页数：4

共 5 条

[1]

Katz L.F., 1994, UNEMPLOYMENT CURRENT, P239

[2]

Katz L.F., 1998, GENERATING JOBS INCR, P21

[3] JOB CREATION AND JOB DESTRUCTION IN THE THEORY OF UNEMPLOYMENT [J].

MORTENSEN, DT ;

PISSARIDES, CA .

REVIEW OF ECONOMIC STUDIES, 1994, 61 (03) :397-415

[4]

MORTENSEN DT., 2003, Designing inclusion: tools to raise low-end pay and employment in private enterprise, P44

[5] The cyclical behavior of equilibrium unemployment and vacancies [J].

Shimer, R .

AMERICAN ECONOMIC REVIEW, 2005, 95 (01) :25-49

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