This note briefly reviews the experiences with wage subsidies and reduced work schedules in promoting employment and avoiding the depreciation of accumulated skills and knowledge due to a temporary downturn. These policies have been adopted by many high income countries as well as some middle income countries. It is to early o comment on their impact; to date, they have not been rigorously evaluated in the context of the financial crisis. And any...
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INFORMATION
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2009/09/01
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Fiche
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55082
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1
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1
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2010/07/01
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Disclosed
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Addressing the employment effects of the financial crisis : the role of wage subsidies and reduced work schedules
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wage subsidy