How Natural Is the Natural Rate of Unemployment?

John Komlos

Challenge, 2015, vol. 58, issue 2, 160-167

Abstract: Must we accept unemployment rates of 5 and 6 percent? The author thinks the concept that such rates are natural has weakened our possible responses. He discusses other ways to share the burden of unemployment. We all have a right to work, he argues.

Date: 2015
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Working Paper: How Natural is the Natural Rate of Unemployment? (2014)
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DOI: 10.1080/05775132.2015.998151

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