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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). Website.

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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: Online resource (Website)
Official URL: http://blogs.lse.ac.uk/politicsandpolicy/
Additional Information: © 2012 The Author
Divisions: Economics
Centre for Economic Performance
Subjects: H Social Sciences > HC Economic History and Conditions
JEL classification: J - Labor and Demographic Economics > J4 - Particular Labor Markets > J48 - Public Policy
Date Deposited: 06 Feb 2013 11:50
Last Modified: 15 Sep 2023 18:33
URI: http://eprints.lse.ac.uk/id/eprint/48318

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