The Regional Benefits of the Employer of Last Resort Program

Michael Murray ()

Review of Radical Political Economics, 2012, vol. 44, issue 3, 327-336

Abstract: The Employer of Last Resort (ELR) program is a New Deal type of program to provide a government position for anyone seeking work. Unlike private industries who compete over prices and wages, the ELR “industry†is not meant to compete with the private sector; rather it provides public services that are not offered by the private sector. The task here is to estimate the private sector effects of the implementation of the ELR program for the State of Missouri.JEL Codes: B51, C3, E11, E12, E23, E24

Keywords: job guarantee; input-output modeling; unemployment; full employment (search for similar items in EconPapers)
Date: 2012
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Working Paper: The Regional Benefits of the Employer of Last Resort Program (2012)
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