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.
This is a preview of subscription content, log in via an institution to check access.
Access this chapter
Tax calculation will be finalised at checkout
Purchases are for personal use only
Preview
Unable to display preview. Download preview PDF.
Author information
Authors and Affiliations
Copyright information
© 1997 J. O. N. Perkins
About this chapter
Cite this chapter
Perkins, J.O.N. (1997). Effects on Employment and Unemployment. In: Budget Deficits and Macroeconomic Policy. Palgrave Macmillan, London. https://doi.org/10.1057/9780230373280_4
Download citation
DOI: https://doi.org/10.1057/9780230373280_4
Publisher Name: Palgrave Macmillan, London
Print ISBN: 978-1-349-39737-2
Online ISBN: 978-0-230-37328-0
eBook Packages: Palgrave Economics & Finance CollectionEconomics and Finance (R0)