Combatting Unemployment (IZA Prize in Labor Economics)
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Combatting Unemployment (IZA Prize in Labor Economics)

Product Specifications
Book Description
Why is unemployment higher in some countries than others? Why does it fluctuate between decades? Why are some people at greater risk than others? Layard and Nickell have worked on these issues for thirty years. Their famous model, first published in 1986, is now used throughout the world. It asserts that unemployment must be high enough to reduce the real wages for which workers settle to the level justified by productivity. So what affects 'wage push'? The authors showed early on that the key factors affecting 'wage push' are how unemployed workers are treated and how wages are negotiated. If unemployed people get benefits without being
Book Specifications
ISBN-13 9780198779933
Language English
Binding Paper Back
Publisher Oxford University Press
Publishing Date 2016-08-16
Total Pages 272