Employer-side wage subsidies aim to boost hiring of disadvantaged workers. New evidence from the largest US program shows that most subsidized hires would have happened anyway, from Manisha Jain, @cmommaerts, and @Jeff_Weaver_ https://t.co/N5dGNJbmiT
Workplace disabilities don't have to end careers. New research analyzing Oregon workers compensation shows that subsidizing firms to accommodate injured workers boosts employment & earnings and creates welfare gains across the board. @cmommaerts@rennstep https://t.co/h7MKwyVnbr
The US spends billions every year on the WOTC.
What does it do? NOTHING.
"We find null effects on hiring, employment, and earnings across all specifications. Employers hire the same workers as in the absence of subsidies, and subsidies operate as a pure transfer to the firms."