Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/31565 
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dc.contributor.authorPapadimitriou, Dimitri B.en
dc.date.accessioned2010-05-14T11:08:48Z-
dc.date.available2010-05-14T11:08:48Z-
dc.date.issued2008-
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
dc.language.isoengen
dc.publisher|aLevy Economics Institute of Bard College |cAnnandale-on-Hudson, NYen
dc.relation.ispartofseries|aWorking Paper |x545en
dc.subject.jelD63en
dc.subject.jelE24en
dc.subject.jelE62en
dc.subject.jelI38en
dc.subject.jelJ45en
dc.subject.ddc330en
dc.subject.keywordEmployment policyen
dc.subject.keywordemployment of last resorten
dc.subject.keywordpromotion equalityen
dc.subject.keywordgovernment job creationen
dc.subject.keywordmillennium development goalsen
dc.subject.keywordemploymenten
dc.titlePromoting equality through an employment of last resort policy-
dc.typeWorking Paperen
dc.identifier.ppn585087865en
dc.rightshttp://www.econstor.eu/dspace/Nutzungsbedingungenen

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