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Effects on Employment and Unemployment

In: Budget Deficits and Macroeconomic Policy

Author

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  • J. O. N. Perkins

    (University of Melbourne)

Abstract

It is insufficient for governments to consider only the effects of alternative fiscal measures upon total output (as indicated by real GDP or GNP). Quite apart from the difficulties of measuring real GDP or GNP accurately (perhaps especially that part of it produced by governments), there are more fundamental reasons why a government should be concerned with the effects on employment and unemployment of alternative combinations of fiscal measures, and not only with their effect on real GNP.

Suggested Citation

  • J. O. N. Perkins, 1997. "Effects on Employment and Unemployment," Palgrave Macmillan Books, in: Budget Deficits and Macroeconomic Policy, chapter 4, pages 43-62, Palgrave Macmillan.
    • Handle: RePEc:pal:palchp:978-0-230-37328-0_4
    DOI: 10.1057/9780230373280_4
    as

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