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« War is Peace, Ignorance is Strength, Deflation is Stimulus | Main | Ignore. Downplay. Deny. »

January 06, 2011

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Shay Conway

Modelling serves us well by describing any system as you have done. So what can we do, maybe look into the situation in detail and identify and analyse and match the employment multipliers and vacancy multipliers in the different industry sectors. Maybe target stimulus to satisfy production linkages with the multinationals big targets being easier to hit. Maximising the impact of a fiscal stimulus package is not a hard thing to do.

The report below outlines most of the concepts albeit for a developing country
http://www.ilo.org/public/english/region/afpro/cairo/downloads/measuring-book.pdf

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