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In this paper, we argue that welfare participation is more sensitive to economic conditions than previously believed. Why? Prior research focused on short-term economic fluctuations and ignored differences between high- and low-skilled workers. As welfare reform is long-term (i.e., permanent) it...
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Most OECD economies have suffered from persistently high unemployment since the mid-1970s as a result of demand … deficiencies promoted by inappropriate fiscal and monetary policy. Governments have failed to understand the opportunities that …
Persistent link: https://www.econbiz.de/10008565333
that unemployment is due to a lack of aggregate demand and that active labour market policies and demand management can … increased bargaining power of workers leading to increased real wages and hence implications for inflation, and the decline in …
Persistent link: https://www.econbiz.de/10008565338
Employment and Unemployment Patterns data (ABS, 1997) to identify the determinants of low paid employment in the male and female …
Persistent link: https://www.econbiz.de/10008565356