The Case for Labour Subsidies in the Greek Economy: A Synthesis

Abstract

The synchronous failure of conventional policies to achieve “acceptable” levels of employment, growth and price stability has provoked scepticism and led researchers to build up a pantheon of countercyclical credit motives. In this article we focus on Greek employment level, a method to promote employment and an empirical investigation. More specifically, using Greek time‐series data we shall concentrate on employment subsidies whose aim is to endorse labour‐intensive technology in Greek production process

Citation

Apostolakis, B.E. (1987), "The Case for Labour Subsidies in the Greek Economy: A Synthesis", International Journal of Manpower, Vol. 8 No. 5, pp. 3-7. https://doi.org/10.1108/eb045139