Publication Type
Working Paper
Version
publishedVersion
Publication Date
2-2011
Abstract
This paper is in three parts. The first part discusses the workings of a wage subsidy scheme in boosting employment and earnings of workers. The second part reviews the empirical evidence on the effectiveness of wage subsidy schemes in countries that have implemented them both as countercyclical policies as well as structural programs to boost long-term earnings and employment of low wage workers. The third part looks at Singapore as a case study of how wage subsidies have been used in a program for generating economic inclusion both in the context of growth as well as in the context of business fluctuations.
Discipline
Growth and Development | Labor Economics
Research Areas
Applied Microeconomics
First Page
1
Last Page
41
Publisher
SMU Economics and Statistics Working Paper Series, No. 02-2011
City or Country
Singapore
Citation
HOON, Hian Teck.
Wage Subsidies in a Program for Economic Inclusion and Growth. (2011). 1-41.
Available at: https://ink.library.smu.edu.sg/soe_research/1255
Copyright Owner and License
Authors
Creative Commons License
This work is licensed under a Creative Commons Attribution-NonCommercial-No Derivative Works 4.0 International License.