Introduction to Part I

Richard Layard
Additional contact information
Richard Layard: London School of Economics and Political Science

Chapter 2 in Tackling Unemployment, 1999, pp 15-21 from Palgrave Macmillan

Abstract: Abstract World unemployment rose sharply in the mid-1970s following the first oil shock, and again in the early 1980s following the second. But in the USA unemployment then fell back to earlier levels; in Europe it did not. This experience provides a real challenge to economists – as a phenomenon requiring explanation, and as a problem calling for a policy response.

Keywords: Unemployment Rate; Employment Protection; Unemployed People; Wage Bargaining; Labour Market Rigidity (search for similar items in EconPapers)
Date: 1999
References: Add references at CitEc
Citations:

There are no downloads for this item, see the EconPapers FAQ for hints about obtaining it.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:pal:palchp:978-0-230-37920-6_2

Ordering information: This item can be ordered from
http://www.palgrave.com/9780230379206

DOI: 10.1057/9780230379206_2

Access Statistics for this chapter

More chapters in Palgrave Macmillan Books from Palgrave Macmillan
Bibliographic data for series maintained by Sonal Shukla () and Springer Nature Abstracting and Indexing ().