The Natural Rate of Unemployment: Reflections on 25 Years of the Hypothesis

The Natural Rate of Unemployment: Reflections on 25 Years of the Hypothesis

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Overview

The Natural Rate of Unemployment: Reflections on 25 Years of the Hypothesis by Rod Cross

The natural rate of unemployment hypothesis proposed in the 1960s has dominated thought about the causes of, and possible solutions, to unemployment. In the 1980s, however, European unemployment rates rose sharply, despite supply-side innovations to economic policy inspired by the hypothesis.

Product Details

ISBN-13: 9780521472982
Publisher: Cambridge University Press
Publication date: 04/01/1995
Pages: 398
Product dimensions: 5.98(w) x 8.98(h) x 1.14(d)

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