In  4  BIS central bankers’ speeches  this regard, it is important to maintain the link between the provision of services supporting employment and actual employment. For example, linking the subsidy for daycare centers to the employment of both parents is an important device for encouraging integration into the labor market; it is a mistake to abandon it.
In addition, the earned income tax credit (negative income tax) – a mechanism that deals with the problem of the working poor and does not adversely impact the incentive to work – should be increased.