Introduction: still more questions than answers / Martin Werding -- A picture of European unemployment: success and failure / Stephen Nickell -- The continent's high unemployment: possible institutional causes and some evidence / Edmund S. Phelps -- From excess to shortage-recent developments in the Danish labor market / Torben M. Andersen -- The rise and fall of Swedish unemployment / Bertil Holmlund -- Rising unemployment at the start of the twenty-first century: has the Dutch miracle come to an end / Jan C. van Ours -- The un-intended convergence: how the Finnish unemployment reached the European level / Erkki Koskela and Roope Uusitalo -- When unemployment disappears: Ireland in the 1990s / Brendan Walsh -- Unemployment in Britain: a European success story / Christopher A. Pissarides -- The surprising French unemployment performance: what lessons? / Jean Pisani-Ferry -- Unemployment in Germany: reasons and remedies / Norbert Berthold and Rainer Fehn -- The structure and history of Italian unemployment / Giuseppe Bertola and Pietro Garibaldi -- Spanish unemployment: the end of the wild ride? / Samuel Bentolila and Juan F. Jimeno.
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Examines the different patterns and long-term trends behind persistent unemployment across Western Europe in light of the developments in labour market theory. This work explains the emergence and persistence of unemployment.