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    Economic Policies and Unemployment Dynamics in Europe
    Unavailable
    Economic Policies and Unemployment Dynamics in Europe
    Unavailable
    Economic Policies and Unemployment Dynamics in Europe
    Ebook345 pages3 hours

    Economic Policies and Unemployment Dynamics in Europe

    By INTERNATIONAL MONETARY FUND

    ()

    Currently unavailable

    Currently unavailable

    About this ebook

    This book, edited by S.G.B. Henry and Dennis J. Snower, examines the high unemployment that has plagued five European countries- France, Germany, Italy, Spain, and the United Kingdom- for more than a decade. Its methodology focuses on the mechanisms that prevent employers and employees from adjusting promptly to changing market opportunities. Chief among these mechanisms are outdated economic structures, the power of labor unions, rising nonwage labor costs, and the disparity between unemployed workers and available jobs. Although cross-country differences indicate that there is no common cause for joblessness in Europe, the book discusses a unique characteristic of the European labor market- that unemployment not only rises during recessions, but does not fall when economic weaknesses are overcome.

    LanguageEnglish
    PublisherINTERNATIONAL MONETARY FUND
    Release dateJan 28, 1997
    ISBN9781455281053
    Unavailable
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