| 来源类型 | Discussion paper |
| 规范类型 | 论文 |
| 来源ID | DP262 |
| DP262 Wages and Unemployment Half a Century on | |
| Patrick Minford | |
| 发表日期 | 1988-08-01 |
| 出版年 | 1988 |
| 语种 | 英语 |
| 摘要 | The paper surveys recent analyses of rising unemployment in Europe based on the concept of the natural rate. It argues that there is a continuity of analysis from the classics through Keynes to these more recent approaches. Theories of efficiency wages, hysteresis, and insiders/outsiders are related to a core theory in which the unemployment benefit is the basic source of rigidity. It is argued that these more recent approaches are either variations of or additions to this core theory, and that in its absence they would fail to explain unemployment. |
| 主题 | International Macroeconomics |
| 关键词 | Europe Unemployment Unemployment compensation Wage rigidity |
| URL | https://cepr.org/publications/dp262 |
| 来源智库 | Centre for Economic Policy Research (United Kingdom) |
| 资源类型 | 智库出版物 |
| 条目标识符 | http://119.78.100.153/handle/2XGU8XDN/529421 |
| 推荐引用方式 GB/T 7714 | Patrick Minford. DP262 Wages and Unemployment Half a Century on. 1988. |
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