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The case for numerical employment policy targets

2020-09-28 Vox EU

Lars Calmfors, IFN, writes a column ion Vox EU on the case for numerical employment policy targets :

"All advanced economies will have to cope with both labour market and government debt problems after the Covid-19 crisis. Numerical employment targets may therefore have a role to play in many countries.  They may help balance fiscal objectives, reducing the risk that consolidation efforts imply overly contractionary policies. At the same time, they could support these efforts by strengthening the incentives for reforms that raise structural employment. "

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