Introduction

Lars Matthiessen and Steinar Strøm ()

A chapter in Unemployment, 1981, pp 1-4 from Palgrave Macmillan

Abstract: Abstract Unemployment levels in most countries have been so high during the 1970s that we would have to go back several decades and a generation of economists to find a parallel. In the press and general political debate, economists have been accused of lacking explanations for this phenomenon. It has been asserted that no Keynes has appeared during the post-war period to lead the way out of the wilderness.

Keywords: Labor Market; Unemployment Insurance; Excess Demand; Phillips Curve; Youth Unemployment (search for similar items in EconPapers)
Date: 1981
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Persistent link: https://EconPapers.repec.org/RePEc:pal:palchp:978-1-349-05966-9_1

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DOI: 10.1007/978-1-349-05966-9_1

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