JOB CREATION BY DIRECT FINANCIAL SUBSIDIES IN THE SLOVAK REPUBLIC – A COST-BENEFIT ANALYSIS

• Authors: Kӧning Brian , Tomáš Domonkos
• Languages of publication: EN

Abstracts

EN

The problem of high unemployment has stigmatized the Slovak labour market for several decades. Policy makers have espoused ambitions to solve this problem but with varyingly small degrees of success. One of the measures of labour market policy can be direct financial support directed at job creation for the unemployed. This article aims to analyse and develop a procedure useful for estimating the effective amount of state subsidies for such kinds of job creation policy. The results indicate that the proposed methodology could be a useful tool to evaluate the upper limit of subsidies.

Keywords

EN

UNEMPLOYMENT; LABOUR MARKET; COST BENEFIT; SLOVAKIA

• Publisher: Institute of Slovak and World Economics and Institute for Forecasting, Slovak Academy of Sciences
• Journal: Ekonomický časopis (Journal of Economics)
• Year: 2015
• Volume: 63
• Issue: 4
• Pages: 359 – 371

Contributors

author

Kӧning Brian

• University of Economics in Bratislava, Faculty of Economic Informatics, Department of Operations Research and Econometrics, Dolnozemská cesta 1/b, 852 35 Bratislava, Slovak Republic

author

Tomáš Domonkos