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- W3156591844 abstract "The idea of a job guarantee (JG) to tackle unemployment has become popular again over recent years. Critics often point to the fiscal costs and the macroeconomic impact of a government financing full employment. In this paper, we analyse the fiscal costs of a JG for long-term unemployed people over the age of 45 in Austria. We show that a JG pays off in the long run. Even if the amount of jobs to be provided increases in times of a recession, or if a government starts with a certain amount of jobs and increases it afterwards, the JG would pay for itself." @default.
- W3156591844 created "2021-04-26" @default.
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- W3156591844 date "2021-12-01" @default.
- W3156591844 modified "2023-09-30" @default.
- W3156591844 title "Does a job guarantee pay off? The fiscal costs of fighting long-term unemployment in Austria*" @default.
- W3156591844 doi "https://doi.org/10.4337/ejeep.2021.0077" @default.
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