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The Labor Divide

By: Sam Vaknin

.... I recommend linking the size of investment incentives (including tax holidays) to the potential increase in employment deriving from the invest... .... I recommend linking the size of investment incentives (including tax holidays) to the potential increase in employment deriving from the invest... ...indergarten or school for his children, work for his wife and so on). Fixed term labour contracts with a lower cost of dismissal and a simplified... ...ke and the level of salaries. The employers will obligate themselves to fixed quantitative targets over a number of years against the receipt of t... ...irms) the same treatment accorded to foreign investors: tax credits, tax holidays, deferral of capital gains taxes and so on. 5. Small to medium ... ...This was based on the “Lump of Labour Fallacy” – the idea that there is a fixed quantity of work and that reducing the working week from 39 to 35 ho... ...o Work”. We will link the size of investment incentives (including tax holidays) provided to domestic and foreign investors alike to the potentia... ...erce) and the Central Bank. The employers will obligate themselves to fixed quantitative targets of job formation over a number of years against... ...IMF Staff Paper, Coe and Snower describe the Spanish attempt to introduce fixed term labour contracts. It established two de facto classes of worker...

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