Title page for etd-0526117-235300


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URN etd-0526117-235300
Author Yi-Chih Wang
Author's Email Address No Public.
Statistics This thesis had been viewed 5582 times. Download 509 times.
Department Economics
Year 2016
Semester 2
Degree Master
Type of Document
Language zh-TW.Big5 Chinese
Title The Macroeconomic Effects of Government Subsidy to Entry-Level Jobs
Date of Defense 2017-06-09
Page Count 44
Keyword
  • fiscal adjustment
  • wage subsidy
  • low wage
  • entry-level worker
  • dynamic stochastic general equilibrium model
  • Abstract In recent years, entry-level workers have faced with low-wage problem in Taiwan. Wage subsidy is one of the government's policies to address the problem. By applying a dynamic stochastic general equilibrium model, this paper analyzes the policy of government subsidy to entry-level jobs, shows that the output and entry-level workers' income increase in the short run. As the wage subsidy effect declines over time, the effects of fiscal adjustments dominate in later years. The model has the tax rate of nonentry-level workers as a fiscal adjustment instrument. Because of the higher tax rate, nonentry-level workers decrease their labor supply and investment, which lowers output to below the steady state level.
    Advisory Committee
  • Juin-Jen Chang - chair
  • Chih-Yu Yang - co-chair
  • Shu-Chun Yang - advisor
  • Files
  • etd-0526117-235300.pdf
  • indicate access worldwide
    Date of Submission 2017-06-27

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