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The USA State

In: Proper Economic Policies Under the Post-Pandemic Era

Author

Listed:
  • Philip Arestis

    (University of Cambridge)

  • Nikolaos Karagiannis

    (Winston-Salem State University)

Abstract

According to the Beveridge Curve, more vacancies are associated with lower unemployment rate. However, more recently in the USA, and since the onset of the pandemic, more vacancies limit the extent of public investments which are required to get to the same unemployment rate as in the past. One possible explanation is that some people are still reluctant to work because of the health risks from the Covid-19 symptom.

Suggested Citation

  • Philip Arestis & Nikolaos Karagiannis, 2025. "The USA State," Springer Books, in: Proper Economic Policies Under the Post-Pandemic Era, chapter 0, pages 135-193, Springer.
  • Handle: RePEc:spr:sprchp:978-3-031-88520-4_4
    DOI: 10.1007/978-3-031-88520-4_4
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