The Regional Benefits of the Employer of Last Resort Program

Michael Murray ()

MPRA Paper from University Library of Munich, Germany

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.

Keywords: Employer of Last Resort; Input-output Modeling; Heterodox Microfoundations of Macroeconomics (search for similar items in EconPapers)
JEL-codes: B51 C02 E11 E12 E23 E24 (search for similar items in EconPapers)
Date: 2012-01-12
New Economics Papers: this item is included in nep-hme
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (1)

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Related works:
Journal Article: The Regional Benefits of the Employer of Last Resort Program (2012)
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Persistent link: https://EconPapers.repec.org/RePEc:pra:mprapa:35981

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