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Full employment: A survey of theory, empirics and policies

Lichtenberger, Andreas; Heimberger, Philipp; Arsenev, … - 2024

The concept of full employment is associated with diverse economic, political and social aspects. We provide a survey of theory, empirics and policy issues related to full employment. We make a novel contribution by tying together multi-dimensional aspects of full employment regarding...

Persistent link: https://www.econbiz.de/10014564034

What jobs should a public job guarantee provide? Lessons from Hyman P. Minsky

Haim, Daniel - 2021

The job guarantee is a viable policy option for tackling both unemployment and underemployment. Hyman P. Minsky was one of the seminal writers on this subject. The first part of this working paper provides a survey of Minsky's writings to identify what kind of jobs he had in mind when...

Persistent link: https://www.econbiz.de/10012610209

The Freedom Budget at 45: Functional finance and full employment

Forstater, Mathew - 2011

Forty-five years ago, the A. Philip Randolph Institute issued The Freedom Budget, in which a program for economic transformation was proposed that included a job guarantee for everyone ready and willing to work, a guaranteed income for those unable to work or those who should not be working, and...

Persistent link: https://www.econbiz.de/10010286508

Has the time for a European job guarantee policy arrived?

Antonopoulos, Rania - 2023

inflation and declining real wages - governments must engage in a transformative agenda and go beyond emergency energy vouchers … a starting point; a permanent policy of automatic adjustment of wages to inflation rates in all member states should be …

Persistent link: https://www.econbiz.de/10014474497

The case for a job guarantee policy in Germany: A political-economic analysis of the potential benefits and obstacles

Landwehr, Jannik J. - 2020

case of Germany. A Job Guarantee's impact on inflation depends on excess production capacities of economic sectors as well … even contribute to reaching the inflation target and prevent deflation. However, deficiencies of the European institutional …

Persistent link: https://www.econbiz.de/10012307675

The Remarkable Place of the UV-Curve in Economic Theory

Rodenburg, Peter - 2007

The purpose of this paper is to provide an analysis of the impact the UV-curve had on economic theory and to provide an account of the subsequent radical changes in its place and role over the decades since its first appearance in 1958. The paper traces the historical development of the UV-curve...

Persistent link: https://www.econbiz.de/10010325288

Optimal unemployment insurance requirements

De Souza, Gustavo; Luduvice, André Victor Doherty - 2022

In the US, workers must satisfy two requirements to receive unemployment insurance (UI): a tenure requirement of a minimum work spell and a monetary requirement of a past minimum earnings. Using discontinuity of UI rules at state borders, we find that the monetary requirement decreases the...

Persistent link: https://www.econbiz.de/10013479470

Climate policies, labor markets, and macroeconomic outcomes in emerging economies

Finkelstein Shapiro, Alan; Nuguer, Victoria - 2023

We study the labor market and macroeconomic effects of introducing a carbon tax in the energy sector in emerging economies (EMEs) by building a framework with equilibrium unemployment and firm entry that incorporates key elements of the distinct employment and firm structure of EMEs. Our model...

Persistent link: https://www.econbiz.de/10014518247

Reorienting fiscal policy after the great recession

Tcherneva, Pavlina R. - 2012

The paper evaluates the fiscal policy initiatives during the Great Recession in the United States. It argues that, although the nonconventional fiscal policies targeted at the financial sector dwarfed the conventional countercyclical stabilization efforts directed toward the real sector, the...

Persistent link: https://www.econbiz.de/10010318645

Rethinking conflict inflation: The hybrid Keynesian-NAIRU character of the conflict Phillips curve

Palley, Thomas - 2024

This paper presents a new formulation of conflict inflation labeled the "pass-through" approach, which contrasts with … the existing "pressure balance" approach. The model generates Phillips styled inflation - unemployment dynamics that are a … hybrid of Keynesian and NAIRU dynamics. Conflict inflation arises when economic activity rises above the consistent claims …

Persistent link: https://www.econbiz.de/10014546893