Youth Employment and Wage Subsidy
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概要
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The paper presents a theoretical analysis of macroeconomic effects of wage subsidy programmes for young workers. Subsidised employment is an important and effective tool of active labour market programmes to improve the chances to be hired for unemployed workers, especially for the young unskilled unemployed. One of the main reasons why young workers have difficulties in finding decent work opportunities is that their skills are not good enough to be employed. To upgrade labour skill, there are several ways, such as off-the-job training / education and on-the-job training. Wage subsidy programmes encourage the hiring of young unskilled workers and upgrade young workers' skills at the same time. The paper examines the macroeconomic effects of subsidised employment programmes targeted on young workers in a general equilibrium framework.
- 名古屋商科大学の論文
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