Fiscal Policy and Labor Markets at Times of Public Debt

Giuseppe Bertola, Mon, 10/04/2010

How does accumulation of public debt affect the menu of labor market policies available to policymakers? Discussion Paper 8037 finds a strong association between debt stock and debt service indicators and employment and unemployment rates between 1980 and 2000. The author suggests that debt service obligations will have important implications for future labour market interventions.

a

A

Vox users can download CEPR Discussion Paper 8037 for free here. To learn more about subscribing to CEPR's Discussion Paper Series, please visit the CEPR website.

Journalists are entitled to free DP downloads on request; please contact [email protected]. To learn more about subscribing to CEPR's Discussion Paper Series, please visit the CEPR website.

URL:  http://www.cepr.org/pubs/new-dps/dplist.asp?dpno=8037.asp

Topics:  Labour markets Macroeconomic policy Welfare state and social Europe

Tags:  Inequality, debt sustainability, labor market regulations

Blogs&Reviews

more

Vox eBooks

Prospects of the Global Economy after Covid-19

Beck, Park, 28 February 2022

More eBooks

Events

CEPR Policy Research