Brown, Alessio J. G.; Koettl, Johannes - Institute for the Study of Labor (IZA) - 2012
objectives and their relevance and cost-effectiveness during normal times, during a crisis, and during recovery. We distinguish … evidence from the literature, we discuss direct and indirect effects of various interventions, their cost-effectiveness, and … employment, like hiring subsidies, perform much better on cost-effectiveness and strengthen the outsiders' position in the labor …