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JobKeeper: The efficacy of Australia's first short-time wage subsidy a

Rebecca Cassells

Australian Journal of Labour Economics: a journal of labour economics and labour relations2020article
AJG 1ABDC B
Weight
0.59

Abstract

The Australian JobKeeper wage subsidy is an unprecedented public policy response to a once in a century health and economic crisis induced by the COVID-19 pandemic. The focus of this paper is on the efficacy of the Australian JobKeeper program design, including how well it meets its overall objective of retaining employer-employee matches; how well it is targeted relative to the needs of both businesses and workers; and the adequacy of JobKeeper as a wage replacement scheme. We consider both the original JobKeeper design, JobKeeper 2.0 and a series of alternative wage subsidy designs that we believe would more effectively target both employers and workers, incentivise a reallocation of labour and support a faster economic recovery.

17 citations

Cite this paper

@article{rebecca2020,
  title        = {{JobKeeper: The efficacy of Australia's first short-time wage subsidy a}},
  author       = {Rebecca Cassells},
  journal      = {Australian Journal of Labour Economics: a journal of labour economics and labour relations},
  year         = {2020},
}

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JobKeeper: The efficacy of Australia's first short-time wage subsidy a

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Evidence weight

0.59

Balanced mode · F 0.40 / M 0.15 / V 0.05 / R 0.40

F · citation impact0.62 × 0.4 = 0.25
M · momentum0.80 × 0.15 = 0.12
V · venue signal0.50 × 0.05 = 0.03
R · text relevance †0.50 × 0.4 = 0.20

† Text relevance is estimated at 0.50 on the detail page — for your query’s actual relevance score, open this paper from a search result.