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- W2602207087 abstract "Capitalism is relentlessly efficient but it is capable of producing a market economy where income inequity is high. Hence, in most countries, many governments do spend a significant fraction of the GDP in helping the poor. But the cost of a big government is inefficiency, wastage and moral hazard dynamics. In this chapter, we will analyze the impact of two government policies in the labour markets. The first policy is cash grant for poor families and the second policy is wage subsidy to encourage people to work." @default.
- W2602207087 created "2017-04-07" @default.
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- W2602207087 date "2017-03-26" @default.
- W2602207087 modified "2023-09-26" @default.
- W2602207087 title "Wage Subsidy and Labour Supply" @default.
- W2602207087 doi "https://doi.org/10.1142/9789813202238_0004" @default.
- W2602207087 hasPublicationYear "2017" @default.
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