EconPapers    
Economics at your fingertips  
 

Beyond Pump Priming

Pavlina Tcherneva

Economics One-Pager Archive from Levy Economics Institute

Abstract: The American Jobs Act now before Congress relies largely on a policy of aggregate demand management, or "pump priming": injecting demand into a frail economy in hopes of boosting growth and lowering unemployment. But this strategy, while beneficial in setting a floor beneath economic collapse, fails to produce and maintain full employment, while doing little to address income inequality. The alternative? Fiscal policy that directly targets unemployment by providing paid work to all those willing to do their part.

Date: 2011-10
References: Add references at CitEc
Citations:

Downloads: (external link)
http://www.levyinstitute.org/pubs/op_16.pdf (application/pdf)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:lev:levyop:op_16

Access Statistics for this paper

More papers in Economics One-Pager Archive from Levy Economics Institute
Bibliographic data for series maintained by Elizabeth Dunn ( this e-mail address is bad, please contact ).

 
Page updated 2025-03-30
Handle: RePEc:lev:levyop:op_16