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The Limits of Targeted Hiring Subsidies: Evidence from the Work Opportunity Tax Credit

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NBER2026-05-01 更新2026-05-30 收录
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Employer-side wage subsidies are widely used to promote employment among disadvantaged workers. We study how such subsidies translate into firm hiring behavior using the federal Work Opportunity Tax Credit, which subsidizes up to 40% of first-year wages and covers over two million hires annually.

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2026-05-01
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