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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

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.

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Abstract

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)
Official URL: http://blogs.lse.ac.uk/politicsandpolicy/
Additional Information: © 2012 The Author
Subjects: H Social Sciences > HC Economic History and Conditions
Sets: Departments > Economics
Collections > British Politics and Policy at LSE
Collections > Economists Online
Research centres and groups > Centre for Economic Performance (CEP)
Date Deposited: 06 Feb 2013 11:50
Last Modified: 22 Feb 2017 11:25
URI: http://eprints.lse.ac.uk/id/eprint/48318

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