A Note on the employment effects of investment subsidies

In the first of these papers, Taxation and the Choice of Employment Policy, the taxation required to finance a programme of labour-subsidisation is shown to be less than that associated with investment subsidies when unemployment is of the classical variety. In the second paper, A Note on the Employment Effects of Investment Subsidies, the onset of a Keynesian recession is shown to reverse whatever positive employment effects are possible when capital is subsidised under classical unemployment.A hard copy is available in UCD Library at GEN 330.08 IR/UN