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In recent years it has been pointed out that regional unemployment disparities are much more entrenched across member states of the European Union (E.U.) than they are in the U.S. A "conventional wisdom" has emerged to the effect that this difference is due in part to the greater degree of wage...
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In recent years it has been pointed out that regional unemployment disparities are much more entrenched across member states of the European Union (E.U.) than they are in the U.S. A 'conventional wisdom' has emerged to the effect that this difference is due in part to the greater degree of wage...
Persistent link: https://www.econbiz.de/10005139660
This paper examines the impact of the early 1980s recession on regional unemployment in Britain. More specifically, it seeks to evaluate the hypothesis that this recessionary shock was so severe that it caused an upward structural shift in the underlying mean unemployment rates of the regions....
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