Artikel

The effects of wage subsidies for older workers

Population aging in many developed countries has motivated some governments to provide wage subsidies to employers for hiring or retaining older workers. The subsidies are intended to compensate for the gap between the pay and productivity of older workers, which may discourage their hiring. A number of empirical studies have investigated how wage subsidies influence employers’ hiring and employment decisions and whether the subsidies are likely to be efficient. To which groups subsidies should be targeted and how the wage subsidy programs interact with incentives for early retirement are open questions.

Language
Englisch

Bibliographic citation
Journal: IZA World of Labor ; ISSN: 2054-9571 ; Year: 2015 ; Bonn: Institute for the Study of Labor (IZA)

Classification
Wirtschaft
Unemployment: Models, Duration, Incidence, and Job Search
Personal Income and Other Nonbusiness Taxes and Subsidies; includes inheritance and gift taxes
Multiple or Simultaneous Equation Models: Cross-Sectional Models; Spatial Models; Treatment Effect Models; Quantile Regressions; Social Interaction Models
Subject
long-term unemployment
active labor market programs
older workers
early retirement
labor demand
wage subsidies

Event
Geistige Schöpfung
(who)
Boockmann, Bernhard
Event
Veröffentlichung
(who)
Institute for the Study of Labor (IZA)
(where)
Bonn
(when)
2015

DOI
doi:10.15185/izawol.189
Handle
Last update
10.03.2025, 11:45 AM CET

Data provider

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Object type

  • Artikel

Associated

  • Boockmann, Bernhard
  • Institute for the Study of Labor (IZA)

Time of origin

  • 2015

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