Policy must do more to get women and low-skilled into work, paper finds

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Slovakia ought to work harder to incentivise women and low-skilled people to participate in the labour force, in particular by tweaking its tax and transfer system, according to a National Bank of Slovakia (NBS) working paper out this week.

The paper, To Work or Not to Work? Estimates of Labour Supply Elasticities, by Zuzana Siebertová, Norbert Švarda and Jana Valachyová of the Council for Budget Responsibility, and Matúš Senaj of the NBS, finds that a 1% increase in net wage increases the

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