Active labour market policy as an automatic stabiliser ' John Quiggin
نویسنده
چکیده
This paper considers the feasibility of a flexible system of active labour market policy which would automatically adjust to the changing phases of the business cycle, and would dispense with the necessity to reinvent systems from scratch in every phase of every cycle. The proposed system would have an expenditure allocation which varied automatically with the levels of short-term and long-term unemployment, and would allocate funds flexibly between a range of programs
منابع مشابه
Active Labour Market Policy and Macroeconomic Stabilisation
This paper considers the feasibility of a flexible system of active labour market policy which would adjust to the changing phases of the business cycle, and would dispense with the necessity to reinvent systems from scratch in every phase of every cycle. The proposed system would have an expenditure allocation which varied with the levels of short-term and long-term unemployment, and would all...
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