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dc.contributor.authorPapadimitriou, Dimitri B.en_US
dc.date.accessioned2010-05-14T11:08:48Z-
dc.date.available2010-05-14T11:08:48Z-
dc.date.issued2008en_US
dc.identifier.urihttp://hdl.handle.net/10419/31565-
dc.description.abstractTo put an economy on an equitable growth path, economic development must be based on social efficiency, equity, and job creation. It has been shown that unemployment has far-reaching effects, all leading to an inequitable distribution of well-being. But many economists assume that unemployment tends toward a natural rate below which it cannot go without creating inflation. The paper considers a particular employment strategy: a government job creation program, such as an employment guarantee or employer-of-lastresort scheme, that would satisfy the noninflationary criteria. The paper analyzes the international experience of government job creation programs, with particular emphasis on the cases of Argentina and India. We conclude by considering the application of an employer-of-last-resort policy to the developing world and as a vehicle to meeting the Millennium Development Goals.en_US
dc.language.isoengen_US
dc.publisherThe Levy Economics Inst. of Bard College Annandale-on-Hudson, NYen_US
dc.relation.ispartofseriesWorking papers // The Levy Economics Institute 545en_US
dc.subject.jelD63en_US
dc.subject.jelE24en_US
dc.subject.jelE62en_US
dc.subject.jelI38en_US
dc.subject.jelJ45en_US
dc.subject.ddc330en_US
dc.subject.keywordEmployment policyen_US
dc.subject.keywordemployment of last resorten_US
dc.subject.keywordpromotion equalityen_US
dc.subject.keywordgovernment job creationen_US
dc.subject.keywordmillennium development goalsen_US
dc.subject.keywordemploymenten_US
dc.titlePromoting equality through an employment of last resort policyen_US
dc.typeWorking Paperen_US
dc.identifier.ppn585087865en_US
dc.rightshttp://www.econstor.eu/dspace/Nutzungsbedingungen-
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