Read Anywhere and on Any Device!

Subscribe to Read | $0.00

Join today and start reading your favorite books for Free!

Create Free Account

Quick and Easy Sign Up!

It takes less then 1 minute to sign up, then you can enjoy Unlimited eBooks.

Sign Up Browse

Popular Genres

Read Anywhere and on Any Device!

  • Download on iOS
  • Download on Android
  • Download on iOS

19 Million Jobs For U.S. Workers: The Impact Of Channeling $1.4 Trillion In Excess Liquid Asset Holdings Into Productive Investments

19 Million Jobs For U.S. Workers: The Impact Of Channeling $1.4 Trillion In Excess Liquid Asset Holdings Into Productive Investments

James Heintz
0/5 ( ratings)
Read Download
Robert Pollin, James Heintz, Heidi Garrett-Peltier and Jeannette Wicks-Lim show that since 2009, U.S. commercial banks and large nonfinancial corporations have been carrying huge cash hoards and other liquid assets, totaling $1.4 trillion. Small businesses, by contrast, have been locked out of credit markets. The authors examine the impact on job creation of mobilizing these excess liquid assets into productive investments, finding that U.S. employment could expand by about 19 million jobs by the end of 2014, with unemployment falling below 5 percent. The paper discusses policies to transform these hoards into job-generating investments, both for the national economy and, specifically, the Los Angeles and Seattle regions.
Language
English
Pages
55
Format
ebook
Publisher
Political Economy Research Institute
Release
December 05, 2011

19 Million Jobs For U.S. Workers: The Impact Of Channeling $1.4 Trillion In Excess Liquid Asset Holdings Into Productive Investments

James Heintz
0/5 ( ratings)
Read Download
Robert Pollin, James Heintz, Heidi Garrett-Peltier and Jeannette Wicks-Lim show that since 2009, U.S. commercial banks and large nonfinancial corporations have been carrying huge cash hoards and other liquid assets, totaling $1.4 trillion. Small businesses, by contrast, have been locked out of credit markets. The authors examine the impact on job creation of mobilizing these excess liquid assets into productive investments, finding that U.S. employment could expand by about 19 million jobs by the end of 2014, with unemployment falling below 5 percent. The paper discusses policies to transform these hoards into job-generating investments, both for the national economy and, specifically, the Los Angeles and Seattle regions.
Language
English
Pages
55
Format
ebook
Publisher
Political Economy Research Institute
Release
December 05, 2011

More books from James Heintz

Field Guide to the U.S. Economy: A Compact And Irreverent Guide to Ecnomic Life in America

3.7/5 ( ratings)

Rethinking Economic Policy for Social Justice: The radical potential of human rights

2.5/5 ( ratings)

The Economy's Other Half: How Taking Gender Seriously Transforms Macroeconomics (Gendered Economy)

3/5 ( ratings)

HOW DID YOU FIND ME?: A Memoir of Alheimers

4/5 ( ratings)

An Employment-Targeted Economic Program for Kenya

4/5 ( ratings)

The Economy's Other Half (The Gendered Economy)

4/5 ( ratings)

Rethinking Economic Policy for Social Justice: The radical potential of human rights (Economics as Social Theory Book 45)

4/5 ( ratings)

Rate this book!

Write a review?

loader