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The unemployment challenge : Labour market policies for the recession

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Author Info

  • de Raad, Jean-Pierre

    (New Zealand Institute of Economic Research)

  • Andrews, Grant

    (New Zealand Institute of Economic Research)

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    Abstract

    Over the next year another 50,000 people will become unemployed. The number of unemployed will surpass that of the last recession of 1997-98. To address the unemployment challenge New Zealand needs to supplement existing job search assistance with investment in training and business capital to push long term productivity growth. Subsidies to prop up jobs and firms should be avoided.

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    File URL: http://nzier.org.nz/sites/nzier.org.nz/files/WP2009-02%20The%20unemployment%20challenge.pdf
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    Bibliographic Info

    Paper provided by New Zealand Institute of Economic Research in its series NZIER Working Paper with number 2009/2.

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    Length: 30 pages
    Date of creation: 05 May 2009
    Date of revision:
    Handle: RePEc:ris:nzierw:2009_002

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    Web page: http://www.nzier.org.nz/
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    Related research

    Keywords: unemployment; New Zealand;

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    1. Martin, John P. & Grubb, David, 2001. "What works and for whom: a review of OECD countries' experiences with active labour market policies," Working Paper Series 2001:14, IFAU - Institute for Evaluation of Labour Market and Education Policy.
    2. David C. Maré, 2005. "Indirect Effects of Active Labour Market Policies," Working Papers 05_01, Motu Economic and Public Policy Research.
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