Explaining the framework

Edwin Whiting
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Edwin Whiting: Manchester Business School

Chapter 2 in A Guide to Unemployment Reduction Measures, 1987, pp 8-15 from Palgrave Macmillan

Abstract: Abstract The contents table lists 21 measures for reducing unemployment. There could well be many more, depending on the numbers of variations that are included. The criteria used here are: (1) it is not a macroeconomic measure concerned with money supply, public sector borrowing requirement, interest rates, aggregate investment, wages and salary levels or general fiscal policy. (2) It has been suggested or proposed by some responsible and knowledgeable person or body. (3) It can be reasonably specified in unambiguous terms and can be costed in some way, how ever roughly. (4) It is not outrageous in the sense that it would have very little backing and could not possibly be put into force (any measure implying a degree of compulsion which might be accepted, for example, in Communist countries but most unlikely in Britain, comes into this category).

Keywords: Money Supply; Political Implication; Salary Level; Standard Framework; Communist Country (search for similar items in EconPapers)
Date: 1987
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DOI: 10.1007/978-1-349-08621-4_2

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