Stockhammer, Engelbert - 2004
discusses the NAIRU theory and presents econometric evidence to assess the relative importance of capital investment and labor …1. The rise of unemployment in Europe : a synopsis -- 2. Profits and unemployment : is there an equilibrium rate of … unemployment in the long run? -- 3. The NAIRU theory, the NAIRU story and Keynesian approaches -- 4. Explaining the rise in …