Unemployment and Fiscal Activism in a Small Open Economy

John Bradley ()

Chapter 14 in Unemployment in Europe, 1989, pp 361-396 from Palgrave Macmillan

Abstract: Abstract An endemically high rate of unemployment has always been one of the most pressing problems facing policy-makers in Ireland. Since 1980 the unemployment rate has risen inexorably, as illustrated in Figure 14.1. Furthermore, on the basis of the most recent medium-term projections to 1990 (Bacon, 1986) the unemployment rate is set to continue to rise, albeit at a much slower rate, to over 18 per cent of the labour force. This more recent rise in unemployment is, of course, a phenomenon not confined to Ireland, but shared, in one form or another, by many other European economies.

Keywords: Labour Market; Real Wage; Small Open Economy; Wage Inflation; Social Research Institute (search for similar items in EconPapers)
Date: 1989
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Working Paper: Unemployment and Fiscal Activism in a Small Open Economy (1986)
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DOI: 10.1007/978-1-349-19795-8_21

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