Martin, John P. - In: IZA journal of labor policy 4 (2015), pp. 1-29
presents the stylised facts on how OECD countries have responded to the Great Recession in terms of ramping up their spending …. The Great Recession has posed a severe stress test for these policies, with some commentators arguing that they are at … on active labour market policies (ALMPs), a key component in any activation strategy. It then reviews the macroeconomic …