Title: The unemployment crisis /
Authors: Layard, Richard, 1934-; Nickell, S. J.; Jackman, Richard, 1945-; Layard, P. R. G.; Layard, Richard, 1934-
Publisher: Oxford University Press,
Year: 1994
Subjects: Unemployment; Unemployment Effect of inflation on
Abstract: This is a fully revised and updated version of the author's undergraduate textbook on unemployment, previously titled "Unemployment: Macroeconomic Performance and the Labour Market". The authors question the inevitability of present levels of unemployment in the Western world.
Contents: 1. Facts to be Explained -- 2. Our Broad Approach -- 3. What Determines Equilibrium Unemployment? -- 4. Why Does Unemployment Fluctuate? -- 5. How Do Real Wages Relate to Unemployment? -- 6. If Labour Markets Don't Clear, Why Don't Wages Fall? -- 7. How Do Import Prices, Taxes, and Productivity Affect Unemployment? -- 8. How Does Job-Search Behaviour Affect Unemployment? -- 9. Is Unemployment Voluntary or Involuntary? -- 10. Why are Some Groups More Unemployed Than Others? -- 11. Why Has Unemployment Differed Between Countries? -- 12. How Can Unemployment be Reduced? -- 13. Summary.