JobKeeper: An Initial Assessment

IF 1 4区经济学 Q3 ECONOMICS

Australian Economic Review Pub Date : 2023-02-10 DOI:10.1111/1467-8462.12503

Jeff Borland, Jennifer Hunt

引用次数: 2

Abstract

We present details of the design and implementation of the 2020–2021 JobKeeper program and review the literature on its impacts. JobKeeper stimulated the macroeconomy and restrained job loss in the downturn. But because the program was not narrowly targeted, the cost per job saved was high and the impact most likely regressive. However, it would not have been possible to devise and implement a more targeted program in the available time, and as it was, JobKeeper was arguably implemented later than needed for maximum effectiveness. We therefore recommend that Australia consider establishing a short-time work program for use in future recessions.

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JobKeeper：初步评估

我们详细介绍了2020-2021年JobKeeper计划的设计和实施，并回顾了有关其影响的文献。JobKeeper刺激了宏观经济，抑制了经济低迷时期的失业。但由于该计划的目标范围并不狭窄，因此每个工作岗位的节省成本很高，而且影响很可能是递减的。然而，在可用的时间内设计和实现更有针对性的程序是不可能的，因此，JobKeeper的实现可能比实现最大效率所需的时间要晚。因此，我们建议澳大利亚考虑建立一个短期工作计划，以备未来经济衰退时使用。

本文章由计算机程序翻译，如有差异，请以英文原文为准。

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来源期刊

Australian Economic Review ECONOMICS-

CiteScore

1.90

自引率

10.00%

发文量

期刊介绍： An applied economics journal with a strong policy orientation, The Australian Economic Review publishes high-quality articles applying economic analysis to a wide range of macroeconomic and microeconomic topics relevant to both economic and social policy issues. Produced by the Melbourne Institute of Applied Economic and Social Research, it is the leading journal of its kind in Australia and the Asia-Pacific region. While it is of special interest to Australian academics, students, policy makers, and others interested in the Australian economy, the journal also considers matters of international interest.