The fiscal and distributional implications of job generation
This article estimates the cost of a public investment-led job creation programme for the United Kingdom. A programme creating an additional one million jobs at the current average wage would involve a net cost to the Treasury dramatically lower than the gross cost; £17 billion worth of spending wou...
| Autores principales: | , , |
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| Formato: | Journal article |
| Lenguaje: | English |
| Publicado: |
Cambridge Political Economy Society
1997
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| Materias: |
| _version_ | 1826260779875172352 |
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| author | Kitson, M Michie, J Sutherland, H |
| author_facet | Kitson, M Michie, J Sutherland, H |
| author_sort | Kitson, M |
| collection | OXFORD |
| description | This article estimates the cost of a public investment-led job creation programme for the United Kingdom. A programme creating an additional one million jobs at the current average wage would involve a net cost to the Treasury dramatically lower than the gross cost; £17 billion worth of spending would result in a net cost of around £7 billion. Given that even a partial restoration of progressive taxation would bring in more than half this net amount, improved living standards could be brought about relatively easily, provided dogmatic objections to public sector initiatives can be overcome. |
| first_indexed | 2024-03-06T19:11:08Z |
| format | Journal article |
| id | oxford-uuid:16cdea40-a5f5-4daf-a3c7-f60b9500b29e |
| institution | University of Oxford |
| language | English |
| last_indexed | 2024-03-06T19:11:08Z |
| publishDate | 1997 |
| publisher | Cambridge Political Economy Society |
| record_format | dspace |
| spelling | oxford-uuid:16cdea40-a5f5-4daf-a3c7-f60b9500b29e2022-03-26T10:33:33ZThe fiscal and distributional implications of job generationJournal articlehttp://purl.org/coar/resource_type/c_dcae04bcuuid:16cdea40-a5f5-4daf-a3c7-f60b9500b29eEconomicsEnglishOxford University Research Archive - ValetCambridge Political Economy Society1997Kitson, MMichie, JSutherland, HThis article estimates the cost of a public investment-led job creation programme for the United Kingdom. A programme creating an additional one million jobs at the current average wage would involve a net cost to the Treasury dramatically lower than the gross cost; £17 billion worth of spending would result in a net cost of around £7 billion. Given that even a partial restoration of progressive taxation would bring in more than half this net amount, improved living standards could be brought about relatively easily, provided dogmatic objections to public sector initiatives can be overcome. |
| spellingShingle | Economics Kitson, M Michie, J Sutherland, H The fiscal and distributional implications of job generation |
| title | The fiscal and distributional implications of job generation |
| title_full | The fiscal and distributional implications of job generation |
| title_fullStr | The fiscal and distributional implications of job generation |
| title_full_unstemmed | The fiscal and distributional implications of job generation |
| title_short | The fiscal and distributional implications of job generation |
| title_sort | fiscal and distributional implications of job generation |
| topic | Economics |
| work_keys_str_mv | AT kitsonm thefiscalanddistributionalimplicationsofjobgeneration AT michiej thefiscalanddistributionalimplicationsofjobgeneration AT sutherlandh thefiscalanddistributionalimplicationsofjobgeneration AT kitsonm fiscalanddistributionalimplicationsofjobgeneration AT michiej fiscalanddistributionalimplicationsofjobgeneration AT sutherlandh fiscalanddistributionalimplicationsofjobgeneration |