TY - JOUR
T1 - Wage subsidies as a labour market policy tool
AU - HO, Lok Sang
PY - 2000/3/1
Y1 - 2000/3/1
N2 - In this paper, the author argues that wage subsidy is a valuable policy tool in the face of structural changes such as would result from the removal of tariffs, or in the face of a need to assist the disadvantaged or redress distributional inequity. After discussing wage subsidies that target specific segments of the population, which has the potential to improve both static and dynamic efficiency, the author goes on to discuss and contrast his universal wage subsidy proposal with the negative income tax and the minimum wage legislation, all of which are designed mainly for distributional purposes.
AB - In this paper, the author argues that wage subsidy is a valuable policy tool in the face of structural changes such as would result from the removal of tariffs, or in the face of a need to assist the disadvantaged or redress distributional inequity. After discussing wage subsidies that target specific segments of the population, which has the potential to improve both static and dynamic efficiency, the author goes on to discuss and contrast his universal wage subsidy proposal with the negative income tax and the minimum wage legislation, all of which are designed mainly for distributional purposes.
UR - http://commons.ln.edu.hk/sw_master/405
UR - http://www.scopus.com/inward/record.url?scp=0034026753&partnerID=8YFLogxK
U2 - 10.1023/A:1004774928116
DO - 10.1023/A:1004774928116
M3 - Journal Article (refereed)
SN - 0032-2687
VL - 33
SP - 89
EP - 100
JO - Policy Sciences
JF - Policy Sciences
IS - 1
ER -
