edited by Mario Baldassarri, Luigi Paganetto, Edmund S. Phelps.
New York
N.Y. St. Martin's Press in association with Rivista di Politica Economica, SIPI, Rome and CEIS, University 'Tor Vergata', Rome,
1996.
(392 pages) : illustrations.
Central issues in contemporary economic theory and policy.
1. Employment and Unemployment / John Llewellyn -- 2. Explaining Disparities in Unemployment Dynamics / Marika Karanassou and Dennis J. Snower -- 3. Structural Unemployment and Labour Policies / Luigi Frey -- 4. Wage Distribution and Unemployment / Jean-Paul Fitoussi and Gylfi Zoega -- 5. German Reunification, Profit and Growth / Luigi Paganetto and Pasquale L. Scandizzo -- 6. The Italian Crisis of the 1990s: European Convergence and Structural Adjustment / Renato Brunetta and Leonella Tronti -- 7. Some Reflections on the Political Economy of Unemployment / Alberto Alesina and Gerald D. Cohen -- 8. Coordination and Independence in Monetary and Fiscal Policies / William D. Nordhaus -- 9. Rejection of the Common Funnel Theorem / Robert A. Mundell -- 10. The Role of Legislation and Labour Policies in Explaining Structural Unemployment / Carlo Dell'Aringa -- 11. How to Decrease Unemployment / Olivier J. Blanchard.
At the beginning of the 1990s unemployment grew in all industrialized countries: the essays in this collection focus on the causes of this worrying phenomenon. The volume starts by analysing the disparities in the different national experiences and then focusing on European unemployment. This is followed by more theoretical discussions using econometric models. The volume ends with policy recommendations.",,,,,"At the beginning of the 1990's unemployment grew in all industrialized countries. The essays in this collection focus on the causes and cures of this phenomenon, analyzing the disparities in theAt the beginning of the 1990's unemployment grew in all industrialized countries. The essays in this collection focus on the causes and cures of this phenomenon, analyzing the disparities in theAt the beginning of the 1990's unemployment grew in all industrialized countries. The essays in this collection focus on the causes and cures of this phenomenon, analyzing the disparities in the