Job creation measures as activist fiscal policy: An empirical analysis of policy reaction behavior
1992 (English)In: European Journal of Political Economy, ISSN 0176-2680, E-ISSN 1873-5703, Vol. 8, no 2, 269-280 p.Article in journal (Refereed) Published
The objective is to find regularities in the funds granted to job creation measures in Sweden. The funds granted before the start of the fiscal year follow a passive policy rule (trend) and an activist policy rule (systematic policy reaction). In contrast, the funds granted during the fiscal year only follow an activist rule. Unemployment determines the policy reaction while the size of the labor force captures the trend in the passive policy rule.
Place, publisher, year, edition, pages
1992. Vol. 8, no 2, 269-280 p.
Research subject Economics
IdentifiersURN: urn:nbn:se:uu:diva-20140DOI: 10.1016/0176-2680(92)90025-COAI: oai:DiVA.org:uu-20140DiVA: diva2:47913