Year: 2012
Author: Albæk, Karsten
Applied Economics Quarterly, Vol. 58 (2012), Iss. 2 : pp. 93–109
Abstract
This paper analyses employment subsidies for vocational training under union wage bargaining. The analysis includes an investigation of the consequences of financing the subsidy by a levy on employment, which is the typical way of financing these types of subsidies in many countries. The paper demonstrates high incidence rates of subsidies for vocational training under standard assumptions about the preference structure of the union. The financing scheme appears to counteract the purpose of the subsidy.
Journal Article Details
Publisher Name: Global Science Press
Language: English
DOI: https://doi.org/10.3790/aeq.58.2.93
Applied Economics Quarterly, Vol. 58 (2012), Iss. 2 : pp. 93–109
Published online: 2012-04
AMS Subject Headings: Duncker & Humblot
Copyright: COPYRIGHT: © Global Science Press
Pages: 17
Keywords: J24 Skill level apprentices incidence