Federal Reserve Bank of Cleveland: Employer Wage Subsidy Caps and Part-Time Work
The Federal Reserve Bank of Cleveland issued the following working paper (No. WP 21-01) entitled "Employer Wage Subsidy Caps and Part-Time Work" on Jan. 6:
The paper was co-authored by Joel A. Elvery from the Federal Reserve Bank of Cleveland, C. Lockwood Reynolds and Shawn M. Rohlin from Kent State University.
Here are the excerpts:
Hiring credits and employer wage subsidies are tools that policymakers have available to attempt to improve labor market conditions...