Mulligan on Redistribution, Unemployment, and the Labor Market
2012-12-03 · 65 min · episode 344 · 19 entities
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Entities found in this episode
concepts 12
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persons 4
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books 3
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Episode description as stored
Casey Mulligan of the University of Chicago and the author of The Redistribution Recession, talks with EconTalk host Russ Roberts about the ideas in the book. Mulligan argues that increases in the benefits available to unemployed workers explains the depth of the Great Recession that began in 2007 and the slowness of the recovery particularly in the labor market. Mulligan argues that other macroeconomic explanations ignore the microeconomic incentives facing workers and employers.