Wages, government policy and unemployment

Wages, government policy and unemployment

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In this paper we question the usefulness of what has become the new textbook orthodoxy — the 'new Keynesian' NAIRU theory. We then discuss the impact of the policy developments that follow from this orthodoxy, and argue that NAIRU theory has resulted in greater, not reduced, unemployment....

Bibliografski detalji
Glavni autori:	Michie, J, Wilkinson, F
Format:	Journal article
Jezik:	English
Izdano:	Edward Arnold 1995
Teme:	Economics Labour economics

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