JobKeeper: An Initial Assessment-Reference-Cited by-同舟云学术

JobKeeper: An Initial Assessment

Published:2023-02-10 Issue:1 Volume:56 Page:109-123
ISSN:0004-9018
Container-title:Australian Economic Review
language:en
Short-container-title:Australian Economic Review

Author:

Borland Jeff¹,Hunt Jennifer²

Affiliation:

1. The University of Melbourne

2. Rutgers University

Abstract

AbstractWe 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.

Publisher

Wiley

Subject

Economics and Econometrics

Link

https://onlinelibrary.wiley.com/doi/pdf/10.1111/1467-8462.12503

Reference22 articles.

1. Andrews D. Charlton A.andMoore A.2021 ‘COVID‐19 productivity and reallocation: Timely evidence from three OECD countries’ OECD Economics Department Working Papers no. 1676 Paris.

2. Andrews D. Hambur J.andBahar E.2021 ‘The COVID‐19 shock and productivity‐enhancing reallocation in Australia: Real‐time evidence from Single Touch Payroll’ OECD Economics Department Working Papers no. 1677 Paris.

3. Attorney‐General (Commonwealth).2020 ‘Independent review of the temporary JobKeeper provisions of the Fair Work Act’ Viewed January 2023.

4. Australian Bureau of Statistics.2020 ‘Business impacts of COVID‐19’ April Viewed January 2023.

5. Australian Bureau of Statistics.2021 ‘Government support for business’ March quarter 2021 Viewed January 2023.

Cited by 5 articles. 订阅此论文施引文献订阅此论文施引文献，注册后可以免费订阅5篇论文的施引文献，订阅后可以查看论文全部施引文献

1. The Micro and Macro Economics of Short-Time Work;SSRN Electronic Journal;2024

2. Managing Multiple Crises in Higher Education Employment: The Case of Australia;The Palgrave Handbook of Crisis Leadership in Higher Education;2024

3. Reciprocity, Fairness and the Financial Burden of Undertaking COVID-19 Hotel Quarantine in Australia;Public Health Ethics;2023-12-20

4. Fiscal Policy in the COVID‐19 Era¹;Economic Papers: A journal of applied economics and policy;2023-03-28

5. Introduction;Australian Economic Review;2023-03