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Guaranteed jobs through a public service employment programme for the United States

In: A Modern Guide to State Intervention

Author

Listed:
  • L. Randall Wray
  • Flavia Dantas
  • Scott Fullwiler
  • Pavlina R. Tcherneva
  • Stephanie A. Kelton

Abstract

Wray, Dantas, Fullwiler, Tcherneva and Kelton focus on guaranteed jobs through a public service employment programme for the United States, since generating good quality employment is necessary for economic recovery, redistribution and the future social sustainability of the country’s growth trajectory. The authors remind us that, in both developed and developing economies, a high level of employment is clearly one of the most important ways of mitigating inequality and alleviating poverty, given that public service employment raises wage incomes, boosts aggregate demand and counters deflationary pressures. In addition, decent work, which has social, civic and creative implications, is an essential feature of an inclusive society.

Suggested Citation

  • L. Randall Wray & Flavia Dantas & Scott Fullwiler & Pavlina R. Tcherneva & Stephanie A. Kelton, 2019. "Guaranteed jobs through a public service employment programme for the United States," Chapters, in: Nikolaos Karagiannis & John E. King (ed.), A Modern Guide to State Intervention, chapter 13, pages 253-275, Edward Elgar Publishing.
    • Handle: RePEc:elg:eechap:19170_13
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    Cited by:

    1. Sawyer, Malcolm & Veronese Passarella, Marco, 2021. "A Comprehensive Comparison of Fiscal and Monetary Policies: A Comparative Dynamics Approach," Structural Change and Economic Dynamics, Elsevier, vol. 59(C), pages 384-404.
    2. Jeffrey Sommers & Rachel Hegland & Patrick Delices, 2018. "American Public Policy and Full Employment: The Imperative of Martin Luther King’s Political Economy in the 21st Century," SAGE Open, , vol. 8(3), pages 21582440188, September.

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