해고실업자들의 임금손실에 대한 정부의 보조금 정책 - 캐나다 사례의 경험적 분석 - = Articles of General Interest : Earnings Subsidy to Supplement the Earnings Loss of Displaced Workers - Empirical Analysis of A Canadian Case

다국어 초록 (Multilingual Abstract)

In this study, I attempted to assess the effectiveness of earnings subsidy scheme, which has been suggested as an effective way of addressing the earnings loss problem of displaced workers. Earnings subsidy scheme is a policy instrument that gives a certain amount of subsidy to displaced workers who experienced earnings loss. I first examined theoretical arguments that have been made on the issue of earrings loss and subsidy scheme. Then, to draw empirical implications, I re-analyzed the data from Canadian Earnings Supplement Project, the only existing empirical study on earnings subsidy scheme as far as I aware of. I found that earnings subsidy scheme may have a limited effect depending on the education attainment, occupation, financial hardship of target population, and local labor market conditions. Finally I suggested policy implications that Korean government should take into account when it considers adopting the earnings subsidy scheme.