Supply variabilities in public workfares
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DOI: 10.1016/j.jdeveco.2020.102608
Abstract: Abstract This paper presents a model of the labor market where public workfares increase private wages by reducing labor supply. In a dynamic setting, we show that when wages are downwardly rigid, forward-looking employers optimally… read more here.
Keywords: supply variabilities; public workfares; wage increases; variabilities public ... See more keywords