Unemployment: A Problem of Policy: Analysis of British Experience and ProspectsCambridge University Press, 1991年2月14日 - 280 頁 The high level of unemployment in Britain in the 1980s led many people to believe that it would continue indefinitely, and many arguments were advanced to explain it. After a preliminary examination of the statistics of employment and unemployment in Britain, this 1991 book exposes the major factors determining their trends as a basis for considering the likely developments and policy options. The study covers most of the explanations found in academic debate as well as in popular belief, drawing on a wide range of empirical research, including systematic international comparisons as well as case studies of particular interest. The analysis is carried out under four main headings: structural change; the wage question; macroeconomic policy; and the international dimension. The book concludes with a consideration of the practicability of the different policies which emerge. |
常見字詞
annual argued argument average balance of payments banks Britain British budget capital cent chapter chart classical competitiveness consumer costs countries current account deficit demand management devaluation domestic economic policy economists effect employed equation estimates European evidence exchange rate expenditure exports factors fall figures fiscal policy floating full employment higher hourly imports incomes policy increase industrial Institute Economic interest rates investment Keynes Keynesian labour force less level of employment lower macroeconomic macroeconomic policy manufacturing measures ment million monetarist monetary policy money wages movements NAIRU natural rate nominal wage North Sea oil OECD OPEC output percentage period Phillips curve possible postwar price rises productivity growth profit sharing public sector question real wages recession reduce regional retail retail price index rose schemes Second World stabilisation subsidy supply surplus target technical change trade unions trend unemployed United Kingdom wage inflation weekly earnings workers