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- W2094517825 abstract "Abstract Relaxing the standard assumption of one price in labor markets, we evaluate the impact of labor subsidies, namely, the effects of an industrial policy designed to reallocate workers from low-wage to high-wage industries through subsidization of training costs. We found that the welfare gains can be substantial, and, in contrast to well-established results, the wage gap between low-paid workers and high-paid workers is actually reduced." @default.
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- W2094517825 date "1999-11-01" @default.
- W2094517825 modified "2023-09-27" @default.
- W2094517825 title "Investment in Good Jobs" @default.
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- W2094517825 doi "https://doi.org/10.1016/s0161-8938(97)00101-4" @default.
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