Why do governments subsidise investment and not employment?

Article Abstract:

The relative efficiency of capital subsidies to support economic development in areas of high unemployment versus direct employment subsidies is examined. Models are presented to take account of the influence of unemployment and union bargaining strategies.

Models, Employment subsidies

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Labor and capital income taxation, fiscal competition, and the distribution of wealth

Article Abstract:

Research is presented concerning the taxation of income in a country with a small open economy where the individual wealth of households varies. The taxation of wealth and the setting of an optimum taxation level are discussed.

Personal Taxes, Taxation, Economic aspects, Income tax, Wealth, Tax and expenditure limitations

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Can regional policy in a federation improve economic efficiency?

Article Abstract:

Regional economic development policies of European Union designed for increasing economic efficiency in backward regions are analyzed.

Europe, Strategy & planning, Government expenditures, Scientific Research and Development Services, Development, Economic Programs-Total Govt, Administration of Economic Programs, Planning, Economic policy, European Union, Company business planning, Economic stabilization

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