Some political aspects of unemployment

Gilles Saint-Paul

doi:10.1016/0014-2921(94)00064-7

Some political aspects of unemployment

Gilles Saint-Paul

Economics

Research output: Contribution to journal › Article › peer-review

Abstract

We study a number of mechanisms through which the economy can be stuck at a high unemployment equilibrium because a poor labour market is associated with support for a poor policy. These mechanisms are consistent with the relative scarcity of measures that have been undertaken to cure unemployment. The message of the paper is that curing the European unemployment problem is a difficult task because a lot of skill is required to avoid political pitfalls.

Original language	English (US)
Pages (from-to)	575-582
Number of pages	8
Journal	European Economic Review
Volume	39
Issue number	3-4
DOIs	https://doi.org/10.1016/0014-2921(94)00064-7
State	Published - Apr 1995

Keywords

Flexibility
Job policies
Labor market
Political economy
Unemployment

ASJC Scopus subject areas

Finance
Economics and Econometrics

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10.1016/0014-2921(94)00064-7

Cite this

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Some political aspects of unemployment

Abstract

Keywords

ASJC Scopus subject areas

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