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The job guarantee (JG) is a public option for jobs. It is a permanent, federally funded, and locally administered program that supplies voluntary employment opportunities on demand for all who are ready and willing to work at a living wage. While it is first and foremost a jobs program, it has...
Persistent link: https://www.econbiz.de/10011816870
Prior to 2020, the Great Recession was the most important macroeconomic shock to the United States economy in generations. Millions lost jobs and homes. At its peak, one in ten workers who wanted a job could not find one. On an annual basis, the economy contracted by more than it had since the...
Persistent link: https://www.econbiz.de/10012405441
Persistent link: https://www.econbiz.de/10000837123
Skill shortages are often portrayed as a major problem for the economies of many countries including the Australian economy. Yet, there is surprisingly little evidence about their prevalence, causes and consequences. This paper attempts to improve our understanding about these issues by using...
Persistent link: https://www.econbiz.de/10009518429
According to the well-being measure known as the U.N. Human Development Index, Australia now ranks 3rd in the world and … happiness, considers implications for policymakers, and explores where Australia lies in international subjective well …, where a common language should help subjective measures to be reliable, Australia performs poorly on a range of happiness …
Persistent link: https://www.econbiz.de/10002815403
This paper investigates the fiscal pressure from demographic change in relation to the labour marketspace for fifty countries that cover 75% of the world population. The pressure-to-space indicator ranks Poland, Turkey and Greece high. Apart from Turkey and India, developing countries rank low...
Persistent link: https://www.econbiz.de/10011524903
Extant research has found that an individual's happiness is relative with respect to income, suggesting that it rises with own income and falls as the income of a reference group increases. Some recent studies emphasize that the effect of relative income is mediated by the extent to which people...
Persistent link: https://www.econbiz.de/10011804778
Australia has seen large rises in living standards over the last decades across the whole of the income distribution …. This paper focuses on policies to ensure that everyone in Australia has the opportunity to benefit from technological …, ensuring that Australia's highly urbanised population can adapt to change. …
Persistent link: https://www.econbiz.de/10011998476
Australia’s productivity growth has decelerated markedly around the turn of the century. Part of the decline is …
Persistent link: https://www.econbiz.de/10009711215
This paper provides a unified vision of a number of results that appeared in three separate streams of literature. The author emphasizes the strong parallelism between the results obtained in a number of papers that analyzed the relationships between price cap regulation, welfare maximization,...
Persistent link: https://www.econbiz.de/10010401553