Do Wage Subsidies Provide a Stepping-Stone to Employment for Recent College Graduates? Evidence from a Randomized Experiment in Jordan

• 成果类型: Article
• 署名作者: Groh, Matthew; Krishnan, Nandini; McKenzie, David; Vishwanath, Tara
• 署名单位: The World Bank; Center for Economic & Policy Research (CEPR); IZA Institute Labor Economics
• 刊物名称: REVIEW OF ECONOMICS AND STATISTICS
• ISSN/ISSBN: 0034-6535
• DOI: 10.1162/REST_a_00584
• 发表日期: 2016-07
• 页码: 488-502
• 关键词: work; jobs

摘要

This study examines the impact of a randomized experiment in Jordan in which female community college graduates were assigned to receive a wage subsidy voucher. The wage voucher led to a 38 percentage point increase in employment in the short run, but the average effect is much smaller and no longer statistically significant after the voucher period has expired. The extra job experience gained as a result of the wage subsidy does not provide a stepping-stone to new jobs for these recent graduates, which appears to be due to productivity levels not rising above a binding minimum wage.