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For effective economic growth, intentional “creation” of unemployment is required to be followed up by its «elimination». From Okun’s law one can infer an interesting corollary: growing unemployment without reducing GDP increases the economy’s potential. This corollary can be proved...
Persistent link: https://www.econbiz.de/10011259561
variety of objectives including skills training, temporary subsidized employment, and mentoring. WorkFirst’s objective is to … pressure on wage rates, which then in turn reduces welfare dependency. We analyze the working decision as it is related to …
Persistent link: https://www.econbiz.de/10009654245
For effective economic growth, intentional “creation” of unemployment is required to be followed up by its «elimination». From Okun’s law one can infer an interesting corollary: growing unemployment without reducing GDP increases the economy’s potential. This corollary can be proved...
Persistent link: https://www.econbiz.de/10011110853