Michaillat, Pascal (2012) Jobs in a recession: now would be a good time for the government to conduct infrastructure projects but a bad time to cut unemployment benefits. British Politics and Policy at LSE (22 May 2012) Blog Entry.Full text not available from this repository.
Pascal Michaillat discusses research on employment during recessions, arguing against unemployment benefit cuts as a tool to incentivise job-seeking and suggesting that public employment is especially effective at stimulating the economy – without crowding out the private sector – at any time when the labour market is depressed.
|Item Type:||Website (Blog Entry)|
|Additional Information:||© 2012 The Author|
|Library of Congress subject classification:||H Social Sciences > HC Economic History and Conditions|
|Journal of Economic Literature Classification System:||J - Labor and Demographic Economics > J4 - Particular Labor Markets > J48 - Public Policy|
|Sets:||Departments > Economics
Collections > British Politics and Policy at LSE
Collections > Economists Online
Research centres and groups > Centre for Economic Performance (CEP)
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