Jobs in a recession: now would be a good time for the government to conduct infrastructure projects but a bad time to cut unemployment benefits
Michaillat, P.
(2012).
Jobs in a recession: now would be a good time for the government to conduct infrastructure projects but a bad time to cut unemployment benefits.
Pascal Michaillat discusses research on employment during recessions, arguing against unemployment benefit cuts as a tool to incentivise job-seeking and suggesting that public employment is especially effective at stimulating the economy – without crowding out the private sector – at any time when the labour market is depressed.
| Item Type | Online resource |
|---|---|
| Copyright holders | © 2012 The Author |
| Departments |
LSE > Academic Departments > Economics LSE > Research Centres > Centre for Economic Performance |
| Date Deposited | 06 Feb 2013 |
| URI | https://researchonline.lse.ac.uk/id/eprint/48318 |