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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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    File URL: http://hdl.handle.net/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.

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