Growth and Employment in Europe
Publisher: Palgrave Macmillan
Published: August 12, 2004
Language: eng
Format: Hardcover
Number of pages: 248
ISBN-13: 9780333777619
Subjects: Economics; Business & Economics; Business / Economics / Finance; Business/Economics; Economics - Theory; Labor; Business & Economics / Economic Conditions; Economics - General; Economic Conditions; Employment (Economic theory); Europe; Unemployment
Description: "Martin Zagler investigates the interaction between changes in the level of unemployment and changes in the economic rate of growth. He asks, both in theory and in evidence, whether a change in the growth rate of the economy will affect the level of unemployment which the economy experiences, and whether a decline in the level of unemployment will foster or restrict the growth performance of the economy. The book provides the reader with a simple graphical toolkit - the resource constraint and the incentive condition - which allows her to understand the relationship between economic growth and unemployment. After a thorough theoretical and empirical investigation of the topic, the book suggests clear-cut policy perspectives to deal with problems of economic growth and unemployment in the medium to long run."--BOOK JACKET.