The Regional Benefits of the Employer of Last Resort Program
AbstractThe Employer of Last Resort (ELR) program is a New Deal type of program to provide a government position for anyone seeking work. Unlike private industries who compete over prices and wages, the ELR “industry” is not meant to compete with the private sector; rather it provides public services that are not offered by the private sector. The task here is to estimate the private sector effects of the implementation of the ELR program for the State of Missouri.
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Bibliographic InfoPaper provided by University Library of Munich, Germany in its series MPRA Paper with number 35981.
Date of creation: 12 Jan 2012
Date of revision:
Employer of Last Resort; Input-output Modeling; Heterodox Microfoundations of Macroeconomics;
Other versions of this item:
- Michael J. Murray, 2012. "The Regional Benefits of the Employer of Last Resort Program," Review of Radical Political Economics, Union for Radical Political Economics, vol. 44(3), pages 327-336, September.
- B51 - Schools of Economic Thought and Methodology - - Current Heterodox Approaches - - - Socialist; Marxian; Sraffian
- E12 - Macroeconomics and Monetary Economics - - General Aggregative Models - - - Keynes; Keynesian; Post-Keynesian
- E24 - Macroeconomics and Monetary Economics - - Consumption, Saving, Production, Employment, and Investment - - - Employment; Unemployment; Wages; Intergenerational Income Distribution
- C02 - Mathematical and Quantitative Methods - - General - - - Mathematical Economics
- E23 - Macroeconomics and Monetary Economics - - Consumption, Saving, Production, Employment, and Investment - - - Production
- E11 - Macroeconomics and Monetary Economics - - General Aggregative Models - - - Marxian; Sraffian; Institutional; Evolutionary
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- Pavlina R. Tcherneva, 2008. "Keynes's Approach to Full Employment: Aggregate or Targeted Demand?," Economics Working Paper Archive wp_542, Levy Economics Institute.
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