QUANTIFICATION OF THE IMPACT OF SUBSIDIES FROM THE "FAMILY" SUBSIDY PROGRAM ON THE LABOR MARKET AND THE FAMILY
EMILIE JAŠOVÁ
Abstract:
The aim of the article is, with the help of econometric analysis, to verify and further expand knowledge about the existence and nature of the influence of selected indicators of subsidies on the labor market and the family in the entire national economy of the Czech Republic from various points of view. The actual empirical results were compared with the opinions of the professional public, with the conclusions of international and domestic research and strategic documents in the area of influence of selected indicators of subsidies. The analysis primarily shows a significant preponderance of the statistically significant positive impact of wage subsidies on selected indicators of the labor market and the family over the negative impact. This conclusion is also stated by, for example, Crichton and Mazé (2013), who confirmed the effects of wage subsidies on the amount of time spent at work and that firms increase their total employment. The same tendency was found for the sub-indicators the number of hours in the agreement on the performance of work (favorable impact on the indicator average weekly number of hours usually worked for full-time work for helping family members of women) and for the indicator provided subsidy for gross wage resources in total (favorable impact on the indicator average weekly number of hours usually worked for full-time work for helping male family members).
Keywords: Subsidy, amount of employment in the employment contract, number of hours in the agreement on the performance of work and the subsidy provided for gross wages in total, NAIRU, wages, family
DOI: 10.52950/4OSC-Athens.2024.8.001
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