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The Fight Against Unemployment: Macroeconomic Analysis from the Centre for European Policy Studies - Hardcover

 
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Synopsis

This second CEPS annual addresses the crucial problem of persistent high unemployment in Europe, despite recent years of economic recovery. Recurring themes in the discussion of possible solutions are the relative importance of aggregate demand, labor-market flexibility, capital formation, and the organization of work-time in order to achieve work-sharing. The report of the CEPS Macroeconomic Policy Group included in this volume identifies a mix of macroeconomic strategies that could gradually boost output while containing inflation, bringing it back to the five percent level of the late 1970s. Contributors are Franco Modigliani (MIT), Marie Monti (Bocconi University), Jacques Dréze, Herbert Giersch (Kiel), and Richard Layard.Wolfgang Franz (University of Stuttgart) provides strong evidence that contractionary policies aimed at combating inflation will mean higher unemployment in the long run. David Metcalf (London School of Economics) surveys the recent literature on labor-market rigidities in the European economies, focusing on problems of aggregate and relative wage flexibility and analyzing the relations to bargaining structure, the degree of cooperativism and labor-market legislation. The issue of work-sharing as a means of promoting employment is discussed by Jacques Dréze (Université Catholique de Louvain), who sees this as a method of achieving a more efficient allocation of regular jobs between "insiders" in the labor market and new entrants. He points out various ways - such as trading jobs between workers of different ages, sharing jobs, and trading hours for jobs - that work might realistically be shared.The Centre for European Policy Studies, based in Brussels, is an independent research institution which focuses on the major medium- and long-term issues facing the European community and Western Europe internally and internationally.

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About the Author

Richard Layard is Director of the Centre for Economic Performance at the London School of Economics.

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  • PublisherMit Pr
  • Publication date1987
  • ISBN 10 0262121220
  • ISBN 13 9780262121224
  • BindingHardcover
  • LanguageEnglish
  • Edition number1
  • Number of pages240
  • EditorCalmfors Lars

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Calmfors, Lars (Ed.).
Published by Mit Pr, 1987
ISBN 10: 0262121220 ISBN 13: 9780262121224
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Condition: as new. Cambridge, MA. : The MIT Press, 1987. Hardcover. Dustjacket. 204 pp. This second CEPS annual addresses the crucial problem of persistent high unemployment in Europe, despite recent years of economic recovery. Recurring themes in the discussion of possible solutions are the relative importance of aggregate demand, labor-market flexibility, capital formation, and the organization of work-time in order to achieve work-sharing. The report of the CEPS Macroeconomic Policy Group included in this volume identifies a mix of macroeconomic strategies that could gradually boost output while containing inflation, bringing it back to the five percent level of the late 1970s. Contributors are Franco Modigliani (MIT), Marie Monti (Bocconi University), Jacques Dr�ze, Herbert Giersch (Kiel), and Richard Layard.Wolfgang Franz (University of Stuttgart) provides strong evidence that contractionary policies aimed at combating inflation will mean higher unemployment in the long run. David Metcalf (London School of Economics) surveys the recent literature on labor-market rigidities in the European economies, focusing on problems of aggregate and relative wage flexibility and analyzing the relations to bargaining structure, the degree of cooperativism and labor-market legislation. The issue of work-sharing as a means of promoting employment is discussed by Jacques Dr�ze (Universit� Catholique de Louvain), who sees this as a method of achieving a more efficient allocation of regular jobs between "insiders" in the labor market and new entrants. He points out various ways - such as trading jobs between workers of different ages, sharing jobs, and trading hours for jobs - that work might realistically be shared.The Centre for European Policy Studies, based in Brussels, is an independent research institution which focuses on the major medium- and long-term issues facing the European community and Western Europe internally and internationally. Condition : as new copy. ISBN 9780262121224. Keywords : Economics, Macroeconomics. Seller Inventory # 284146

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Layard, Richard:
Published by MIT Press, 1987
ISBN 10: 0262121220 ISBN 13: 9780262121224
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Gebundene Ausgabe. Condition: Sehr gut. 216 Seiten ex LIbrary Book / aus einer wissenschaftlichen Bibliothek Sprache: Englisch Gewicht in Gramm: 509. Seller Inventory # 312114

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Lars Calmfors:
Published by MIT Press 01.11.1987., 1987
ISBN 10: 0262121220 ISBN 13: 9780262121224
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Condition: Gut. Auflage: 1st MIT Press Ed. 216 Seiten ex Library Book / aus einer wissenschafltichen Bibliothek / Sprache: Englisch Gewicht in Gramm: 469 22,9 x 15,2 x 2,0 cm, Gebundene Ausgabe. Seller Inventory # 336825

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Layard, Richard
Published by Mit Pr, 1987
ISBN 10: 0262121220 ISBN 13: 9780262121224
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Condition: Good. Good condition. Good dust jacket. A copy that has been read but remains intact. May contain markings such as bookplates, stamps, limited notes and highlighting, or a few light stains. Seller Inventory # F02OS-01085

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