Can Macroeconomic Policies Raise Employment?
Differences in the stance of demand management policies, the authors argue, may have played a small role in explaining medium-term variations in GDP growth rates, and hence in differential employment performance, among the industrialized countries since 1973. They examine how a specific tool of macr...
| Main Authors: | , |
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| Format: | Journal article |
| Language: | English |
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1995
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| _version_ | 1797103954635522048 |
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| author | Boltho, A Glyn, A |
| author_facet | Boltho, A Glyn, A |
| author_sort | Boltho, A |
| collection | OXFORD |
| description | Differences in the stance of demand management policies, the authors argue, may have played a small role in explaining medium-term variations in GDP growth rates, and hence in differential employment performance, among the industrialized countries since 1973. They examine how a specific tool of macroeconomic policy--tax-financed increases in public expenditure on goods and services--could be used for employment creation. For this proposal to work, society would have to be ready to bear in mind some (small) increase in taxes in exchange for the benefits of lower unemployment and better public services and infrastructure. |
| first_indexed | 2024-03-07T06:27:23Z |
| format | Journal article |
| id | oxford-uuid:f4c8c4d8-b3bf-4757-bb85-51a9ce7d775a |
| institution | University of Oxford |
| language | English |
| last_indexed | 2024-03-07T06:27:23Z |
| publishDate | 1995 |
| record_format | dspace |
| spelling | oxford-uuid:f4c8c4d8-b3bf-4757-bb85-51a9ce7d775a2022-03-27T12:22:19ZCan Macroeconomic Policies Raise Employment?Journal articlehttp://purl.org/coar/resource_type/c_dcae04bcuuid:f4c8c4d8-b3bf-4757-bb85-51a9ce7d775aEnglishDepartment of Economics - ePrints1995Boltho, AGlyn, ADifferences in the stance of demand management policies, the authors argue, may have played a small role in explaining medium-term variations in GDP growth rates, and hence in differential employment performance, among the industrialized countries since 1973. They examine how a specific tool of macroeconomic policy--tax-financed increases in public expenditure on goods and services--could be used for employment creation. For this proposal to work, society would have to be ready to bear in mind some (small) increase in taxes in exchange for the benefits of lower unemployment and better public services and infrastructure. |
| spellingShingle | Boltho, A Glyn, A Can Macroeconomic Policies Raise Employment? |
| title | Can Macroeconomic Policies Raise Employment? |
| title_full | Can Macroeconomic Policies Raise Employment? |
| title_fullStr | Can Macroeconomic Policies Raise Employment? |
| title_full_unstemmed | Can Macroeconomic Policies Raise Employment? |
| title_short | Can Macroeconomic Policies Raise Employment? |
| title_sort | can macroeconomic policies raise employment |
| work_keys_str_mv | AT bolthoa canmacroeconomicpoliciesraiseemployment AT glyna canmacroeconomicpoliciesraiseemployment |