Combatting Unemployment

Combatting Unemployment

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Shaping the views of scholars and policymakers on how to address unemployment, the contributions of Layard and Nickell have served to illuminate the policy discourse in Europe. The book includes their key writings on the subject together with a new essay on what should be done during recession.It has been suggested that this shift has been responsible for the significant aggregate unemployment increases in Europe essentially because of ... W1 is the skilled wage, W2 the unskilled wage and Iƒ = (1 - I)-1 is the elasticity of substitution.

Title:Combatting Unemployment
Author:Richard Layard, P. Richard G. Layard, Stephen J. Nickell, Werner Eichhorst, Klaus F. Zimmermann
Publisher:Oxford University Press - 2011-05-26


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