industry and employment. These relationsprovide the building blocks of a new industrial policy. The articles areincluded in … Innovation, Industry Evolution and Employment published by CambridgeUniversity Press in 1999. The continued rising unemployment … inevitabletradeoff between greater employment but at the sacrifice of lower wages on theone hand, versus the maintenance of wages and …

, viz. employment growth, GDP growth and labor productivity growth. Particular attention is devoted to the lag structure … exiting capacities and finally a stage of positive supply-side effects. The net effect is positive for employment and GDP …