Layard, Richard Nickell, Stephen Jackman, Richard

Unemployment: Macroeconomic Performance and the Labour Market - 2nd ed. - Oxford, Clarendon Press, 2005 - 623 pages - J6 359

This book aims to provide a basis for better unemployment policy: showing how the lessons learned from experience and theory can be applied to greatly reduce the waste and misery of high unemployment. The book surveys the main aspects of the unemployment problem. It integrates macroeconomics with a detailed micro-analysis of the labour market. It uses a model to explain the puzzling post-war history of OECD unemployment and shows how unemployment and inflation are affected by systems of wage bargaining and unemployment insurance. For each issue the chapters develop a relevant theory, followed by extensive empirical analysis.

0-19-927917-9


macroeconomics
microeconomics
unemployment

labor market Economics Labor
Deutsche Post Stiftung
 
Istitute of Labor Economics
 
Behavior and Inequality Research Institute
 
Institute for Environment & Sustainability
 

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