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The Federal Job Guarantee: Prevention, Not Just a Cure

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  • Pavlina R. Tcherneva

Abstract

This paper, argues the author, examines how the Job Guarantee proposal uniquely meets two major social requirements. It is a policy response whose merits include much more than its macroeconomic stabilization features, as discussed in the literature. It is also, in a sense, a method of inoculation against the vile effects of unemployment. The paper discusses several preventive features of the program.

Suggested Citation

  • Pavlina R. Tcherneva, 2019. "The Federal Job Guarantee: Prevention, Not Just a Cure," Challenge, Taylor & Francis Journals, vol. 62(4), pages 253-272, July.
    • Handle: RePEc:mes:challe:v:62:y:2019:i:4:p:253-272
    DOI: 10.1080/05775132.2019.1635804
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    Cited by:

    1. John Komlos, 2019. "Estimating Labor Market Slack, U.S. 1994-2019," CESifo Working Paper Series 7941, CESifo.
    2. John Komlos, 2019. "The Real U.S. Unemployment Rate Is Twice the Official Rate, and the Phillips Curve," CESifo Working Paper Series 7859, CESifo.
    3. Maximilian Mayerhofer, 2023. "Simulating the Economic Effects of an Employer of Last Resort Programme for Austria," Wirtschaft und Gesellschaft - WuG, Kammer für Arbeiter und Angestellte für Wien, Abteilung Wirtschaftswissenschaft und Statistik, vol. 49(2), pages 103-123.

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