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The Passing of the Golden Age

Andrew Newell and James Symons

Chapter 14 in Labour Relations and Economic Performance, 1990, pp 353-377 from Palgrave Macmillan

Abstract: Abstract This paper asks and answers the question of why British unemployment has risen from its levels of the 1950s and 1960s. Since the British experience reflects that of the other countries of the industrialised world, we claim we have answered the corresponding question for them as well. What is this answer?

Keywords: Real Wage; Real Interest Rate; Natural Rate; Wage Equation; Unemployment Spell (search for similar items in EconPapers)
Date: 1990
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Persistent link: https://EconPapers.repec.org/RePEc:pal:intecp:978-1-349-11562-4_14

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DOI: 10.1007/978-1-349-11562-4_14

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