Is unemployment on steroids in advanced economies?
"Despite conventional macroeconomic theory is based on the idea that demand shocks can only have temporary effects on unemployment, several European economies display highly persistent unemployment dynamics. The theory of hysteresis challenges this view and points out that, under certain condit...
| Main Authors: | , , |
|---|---|
| Institution: | ETUI-European Trade Union Institute |
| Format: | TEXT |
| Language: | English |
| Published: |
Washington, DC
2018
IMF |
| Subjects: | |
| Online Access: | https://www.labourline.org/KENTIKA-19301739124911299119-is-unemployment-on-steroids-in.htm |
