2 comments

  1. Adrian Sinfield

    Thank you very much, Paul. An excellent interview – I shall circulate it.

    Related to this, I have been trying to find out if anyone has done work comparing the automatic stabilising effect of benefits now with some years ago. I’ve found work that compares the effect across countries but not across time. Insurance benefits help to benefit all by keeping demand higher than if they did not exist. Given the cuts to contrib UI/JSA over time, barely one-tenth of the unemployed get it compared with well over two-thirds many years ago – and the value has fallen from one-fifth to one-tenth of average wage. Do you know of any work that tackles this in a more detailed way over time?

    Best wishes, yours, Adrian

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