On Fri, Mar 25, 2011 at 8:11 AM, Jim Devine <[email protected]> wrote:
> (purchases and transfers) as "fiscally irresponsible." But there's a > kind of unemployment insurance -- seen, for example, in Germany -- > that might help without significantly raising the government's > deficit, i.e., job sharing between the employed and unemployed, > perhaps by limiting hours per worker. > Michael Burda and Jennifer Hunt presented a paper at the Brookings Panel on Economic Activity conference last week that challenges the notion that "Kurzarbeit" (short-time working) is responsible for the German jobs miracle. Instead, they argue that a large part of the explanation can be found in weak employment growth in the preceding boom. Sandwichman, as expected, has doubts about the persuasiveness of their conclusions: http://ecologicalheadstand.blogspot.com/2011/03/kurzarbeit-und-frankendata.html -- Sandwichman
_______________________________________________ pen-l mailing list [email protected] https://lists.csuchico.edu/mailman/listinfo/pen-l
