Munich Personal RePEc Archive

Makroökonomische/Sozialpolitische Perspektiven auf die Sozialpolitik/Makroökonomie

Klüh, Ulrich (2016): Makroökonomische/Sozialpolitische Perspektiven auf die Sozialpolitik/Makroökonomie.

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Abstract

Two opposing positions are frequently evoked to describe the relationship between macroeconomics and social policy. On the one hand, social policy is seen as a kind of service station. Macroeconomic programs and results are determined first, social policy deals with the consequences. On the other hand, there is a holistic approach of Keynesian provenience that situates macroeconomics in the broader research agenda for social policy. At the same time, points of contact between macroeconomics and social policy are rare. Sometimes there even seems to be a dichotomous relationship. How can we then describe the role of social policy in a macroeconomic context, and the role of macroeconomics in a social policy context? The article reviews pertinent links between the two fields and proposes a heuristic for re-engaging the macro and social dimension of policy.

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