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unemployment over the last 150 years and argue that the shift from involuntary to 'natural rate' conceptions of unemployment since … unemployment and the Phillips curve ; The Phillips curve and shifting views on unemployment ; The troublesome NAIRU: the hoax that …
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unemployment down to the minimum feasible rate which in the U.S. is most likely around 1.2%,--the rate which prevailed in 1944 and …
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Electoral support for social democracy in Western Europe is in free fall. The implosion of social democracy is largely self- inflicted, because 'Third Way' social democracy alienated its traditional supporters by (a) a deliberate move to the non- reformist, status-quo oriented macroeconomics of...
Persistent link: https://www.econbiz.de/10013175133
of theory, empirics and policy issues related to full employment. We make a novel contribution by tying together multi …-dimensional aspects of full employment regarding definitions, theoretical perspectives, empirical measurements, policy debates and real-world … unemployment and maximum employment approaches; and the unfilled vacancies perspective. Furthermore, we provide and discuss …
Persistent link: https://www.econbiz.de/10014541848
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of unemployment. It is this body of work we assess in this paper. We reach two main conclusions. First, there has been … think for example about the relation between technological progrss and unemployment. Second, empirical knowledge lags behind … countries. We look at two issues, the relation of wages to unemployment, and the risk of European unemployment …
Persistent link: https://www.econbiz.de/10012473006
of unemployment. It is this body of work we assess in this paper. We reach two main conclusions. First, there has been … think, for example, about the relations between technological progress and unemployment. Second, empirical knowledge lags … or across countries. We look at two issues: the relation of wages to unemployment and the rise of European unemployment …
Persistent link: https://www.econbiz.de/10014088629