Discussants’ Comments on: A Natural Interpretation of the Present Unemployment, by Roy A. Batchelor, presented at the City University Conference on Monetarism in the United Kingdom, September 1981

Stephen Nickell

A chapter in Monetarism in the United Kingdom, 1984, pp 176-181 from Palgrave Macmillan

Abstract: Abstract The paper presented by Roy Batchelor deals with a subject of vital importance. Evidence is presented and strong conclusions are drawn concerning the question as to why unemployment has increased remorselessly in Britain over the last fifteen years. These conclusions are based on the parameter estimates from a simple multivariate regression — that is a series of partial correlations — and they are derived by interpreting these correlations in a particular theoretical framework which is set out at some length in the first part of the paper.

Date: 1984
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DOI: 10.1007/978-1-349-06284-3_11

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