Unemployment and wage determination in Europe
Author(s)
Bibliographic Information
Unemployment and wage determination in Europe
B. Blackwell, 1990
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Note
Based on papers from a seminar held at Saltsjöbaden/Stockholm, Jan/ 12-14, 1989
Includes bibliographies and index
Description and Table of Contents
Description
This collection brings together the current research of a number of distinguished scholars on unemployment and wage determination. They consider the evidence for unemployment/inflation trade-offs in Europe and in particular test prevalent theories in labour economics such as insider-outsider, bargaining and efficiency theories. The papers fall into two broad categories. Four papers treat "empirical regularities", drawing on multi-country econometric work, recent macroeconomic experience in the Nordic countries and microdata for the UK and US. Four other papers examine the issues in terms of policy alternatives and equilibrium unemployment. The contributors to this volume include Jacques Dreze, Richard Layard, Charles Bean, Edmund S. Phelps, Edmond Malinvaud, Andrew J Oswald, Assar Lindbeck and Dennis Snower.
Table of Contents
- Part 1 Empirical regularities: European unemployment - lessons from a multicountry econometric study, Jacques Dreze and Charles Bean
- macroeconomics strategies towards internal and external balance in the Nordic countries, Torben M. Andersen
- the wage curve, David G. Blanchflower and Andrew J. Oswald
- measuring unemployment and cyclical participation in the British Labour Market, Gordon Hughes and Barry McCormick. Part 2 Policy alternatives and equilibrium unemployment: demand and supply side policies and unemployment policy for implications of the insider-outsider approach, Assar Lindbeck and Dennis Snower
- the real effects of tax-based incomes policies, Richard Jackman and Richard Layard
- the macroeconomic tradeoffs of price and income policies, Edmond Malinvaud
- effects of productivity, total domestic-product demand and "incentive wages" on employment in a non-monetary customer-market model of the small open economy, Edmund S, Phelps.
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