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...

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...

This paper considers the economic policy advocated by Keynes and Friedman in relation to their particular theoretical framework. They have in common an opposition to fine-tuning of the economy. With regard to the contrasting strategies of rules versus discretion, both would be advocates of...

When companies fail workers lose their jobs which raises the unemployment rate and some displaced workers with less financial wealth, larger financial obligations, and who are the sole bread winners in a family become likely candidates for a personal bankruptcy filing. The central role played by...

Suicide is a major social problem. It is highly associated with the economic situation in any country. Unemployment is one of the major indicators of economic development and it also adversely affects suicidal behaviour in different ways. This paper attempts to close the gap between unemployment...

In this paper we investigate whether academic research attention to certain public policy related measures (including unemployment, inflation, bankruptcies, and GDP) is correlated with empirical measurements of the measures themselves. In other words, when unemployment rises, does academic...

In the recent years, an economic crisis has appeared in most economies. It affected the labor market situation. This article refers to changes in the labor markets of the Visegrad Group countries. The analysis concerns the relations between the economic crisis, the level and structure of...

The labor studies literature has for many years accepted the labor hoarding theory. That theory derives from seminal work by Oi (1962), Solow (1964), Miller (1971), and Fair (1985). Those studies argue that as a result of the absolute cost of hiring and training certain workers that even when...