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Rehn argued for mobility-enhancing labor-market policies, including high unemployment benefits, based on a notion of "security by wings" rather than "security under shells." [ 2 ] This aimed to make workers less dependent on a specific job, such that they would find new jobs as structural changes caused by productivity growth will reduce the ...
Active labour market policies are based on the concept of social investment, which rests on the idea of basing decision-making on the welfare of society in quantifiable terms, by increasing the employability, incomes and productivity of economic agents, so this approach interprets state expenditure not as consumption but as an investment that will produce returns on the welfare of individuals.
In macroeconomics, a stabilization policy is a package or set of measures introduced to stabilize a financial system or economy. The term can refer to policies in two distinct sets of circumstances: business cycle stabilization or credit cycle stabilization. In either case, it is a form of discretionary policy.
The best study of the inflation-unemployment trade-off finds that an increase in unemployment would reduce inflation by about one-third of 1%. Most other studies are in this ballpark.
These are referred to as the policy goals: the outcomes which the economic policy aims to achieve. To achieve these goals, governments use policy tools which are under the control of the government. These generally include the interest rate and money supply , tax and government spending, tariffs, exchange rates , labor market regulations, and ...
The economy is on solid footing as inflation continues to come down and the labor market is stable enough to keep the Fed satisfied. The stock market finished another gangbusters year, up 24%.
Another way Trump could reduce inflation: if his policies cause an economic downturn, as many economists fear they could. "If you deport everybody, you deport something like 6% of the labor force ...
Incomes policies in economics are economy-wide wage and price controls, most commonly instituted as a response to inflation, and usually seeking to establish wages and prices below free-market level. [1] Incomes policies have often been resorted to during wartime. During the French Revolution, "The Law of the Maximum" imposed price controls (by ...