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Employer of Last Resort Policy and Feminist Economics: Social Provisioning and Socialization of Investment

  • Zdravka, Todorova

The paper discusses the Employment of Last Resort (ELR) policy proposal that has emerged from Post Keynesian theory as an embodiment of what Keynes called “socialization of investment,” as well as an avenue for a social provisioning approach towards socialization of unpaid care labor. Intersections between Post Keynesian and feminist economics are delineated. The paper proposes avenues for input from feminist economics into formulation of an ELR policy, and raises questions about transformation of gender relations.

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File URL: https://mpra.ub.uni-muenchen.de/16240/1/MPRA_paper_16240.pdf
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File URL: https://mpra.ub.uni-muenchen.de/29769/1/MPRA_paper_29769.pdf
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Paper provided by University Library of Munich, Germany in its series MPRA Paper with number 16240.

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Date of creation: Apr 2009
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Handle: RePEc:pra:mprapa:16240
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  1. Mathew Forstater, 1999. "Functional Finance and Full Employment: Lessons from Lerner for Today," Economics Working Paper Archive wp_272, Levy Economics Institute.
  2. L. Randall Wray, 1998. "Modern Money," Macroeconomics 9810002, EconWPA.
  3. Ulla Grapard, 1995. "Robinson Crusoe: The quintessential economic man?," Feminist Economics, Taylor & Francis Journals, vol. 1(1), pages 33-52.
  4. Marilyn Power, 2004. "Social Provisioning As A Starting Point For Feminist Economics," Feminist Economics, Taylor & Francis Journals, vol. 10(3), pages 3-19.
  5. Susan Himmelweit, 1995. "The discovery of “unpaid work”: the social consequences of the expansion of “work”," Feminist Economics, Taylor & Francis Journals, vol. 1(2), pages 1-19.
  6. S. Charusheela & Colin Danby, 2006. "A through-time framework for producer households," Review of Political Economy, Taylor & Francis Journals, vol. 18(1), pages 29-48.
  7. Nancy Folbre, 1995. ""Holding hands at midnight": The paradox of caring labor," Feminist Economics, Taylor & Francis Journals, vol. 1(1), pages 73-92.
  8. Eichner, Alfred S & Kregel, J A, 1975. "An Essay on Post-Keynesian Theory: A New Paradigm in Economics," Journal of Economic Literature, American Economic Association, vol. 13(4), pages 1293-1314, December.
  9. Rania Antonopoulos, 2007. "The Right to a Job, the Right Types of Projects: Employment Guarantee Policies from a Gender Perspective," Economics Working Paper Archive wp_516, Levy Economics Institute.
  10. Paul Davidson, 1992. "Would Keynes Be a New Keynesian?," Eastern Economic Journal, Eastern Economic Association, vol. 18(4), pages 449-463, Fall.
  11. Nelson, Julie A., 1992. "Gender, Metaphor, and the Definition of Economics," Economics and Philosophy, Cambridge University Press, vol. 8(01), pages 103-125, April.
  12. Colin Danby, 2004. "Toward A Gendered Post Keynesianism: Subjectivity And Time In A Nonmodernist Framework," Feminist Economics, Taylor & Francis Journals, vol. 10(3), pages 55-75.
  13. Dimitri B. Papadimitriou, 1999. "(Full) Employment Policy: Theory and Practice," Macroeconomics 9901003, EconWPA.
  14. Deborah Figart, 1997. "Gender as More Than a Dummy Variable: Feminist Approaches to Discrimination," Review of Social Economy, Taylor & Francis Journals, vol. 55(1), pages 1-32.
  15. Ingrid H. Rima, 2003. "The Operational Role of Functional Finance for Labor Market Behavior and Outcomes," Chapters, in: Reinventing Functional Finance, chapter 15 Edward Elgar.
  16. Mathew Forstater, 1999. "Functional Finance and Full Employment: Lessons from Lerner for Today," Macroeconomics 9908002, EconWPA.
  17. Susan Himmelweit, 1995. "The Discovery of 'Unpaid Work': the social consequences of the expansion of 'work'," Open Discussion Papers in Economics 6, The Open University, Faculty of Social Sciences, Department of Economics.
  18. Elson, Diane & Cagatay, Nilufer, 2000. "The Social Content of Macroeconomic Policies," World Development, Elsevier, vol. 28(7), pages 1347-1364, July.
  19. Fadhel Kaboub, 2007. "Employment Guarantee Programs: A Survey of Theories and Policy Experiences," Economics Working Paper Archive wp_498, Levy Economics Institute.
  20. Nancy Folbre & Julie A. Nelson, 2000. "For Love or Money--Or Both?," Journal of Economic Perspectives, American Economic Association, vol. 14(4), pages 123-140, Fall.
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