Title: Investment in Good Jobs
Authors: Teixeira, Paulino 
Issue Date: 1999
Citation: Journal of Policy Modeling. 21:6 (1999) 769-779
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.
URI: http://hdl.handle.net/10316/5507
Rights: openAccess
Appears in Collections:FEUC- Artigos em Revistas Internacionais

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