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Unemployment - Macroeconomic Performance and the Labour Market (Paperback, New)
Loot Price: R1,877
Discovery Miles 18 770
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Unemployment - Macroeconomic Performance and the Labour Market (Paperback, New)
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In this broad survey of the subject of unemployment, the authors
consider a number of key issues, such as why unemployment is so
high and why it fluctuates so wildly; how unemployment affects
inflation; and whether full employment can ever be combined with
price stability. This book provides answers and explains the
puzzling postwar history of the OECD countries. It integrates
macroeconomics with a detailed micro-analysis of the labour market
and shows how unemployment and inflation are affected by systems
wage bargaining and unemployment insurance. For each issue it
develops new relevant theory, followed by extensive empirical
analysis, drawing on material from both Europe and America. The
authors are leading world experts on the subject, and the book
gives their definitive treatment. It is based largely on new
research, but also incorporates the best of existing knowledge of
economics. The rest of the book provides key elements for courses
in macroeconomics and labour economics at advanced undergraduate
levels. The basic aim of the book, however, is to provide the basis
for better policy. As the book shows by learning from theory and
experience we can greatly reduce the waste and
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