A policy for the jobless youth in South Africa
利用调查和税务数据，分析南非一项针对年轻低薪工人的雇主工资税抵免政策的效果，发现该政策对整体就业影响有限，但提高了女性就业率并降低了女性失业率，同时男性及接近补贴上限者的收入有所增加。
This paper uses survey and tax administrative data to analyse the effects of a sizeable employer-borne payroll tax credit for young, low-wage workers in South Africa. We find fairly limited impacts of the wage subsidy on the employment of young, low-wage workers relative to two comparison groups: slightly older, low-wage workers and slightly higher-paid, young workers. We find evidence of increases in low-wage youth entry into employment, but these are too small to affect overall employment. However, the female employment rate has increased, and unemployment among women has dropped because of the policy. We find evidence to suggest that the policy has led to a rise in earnings, particularly for men and those earning around the maximum subsidy value. • Minimal overall employment impact; notable earnings rise for men. • Boost in employment and reduction in unemployment among women. • Job duration increases are seen, especially in high take-up industries. • Youth wage subsidy shows limited effect on South Africa's youth unemployment crisis.