The Role of Demand Management Policies in Reducing Unemployment PDF Download
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Author: Charles R. Bean
Publisher:
ISBN:
Category : Economics
Languages : en
Pages : 48
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Book Description
Author: Charles R. Bean
Publisher:
ISBN:
Category : Economics
Languages : en
Pages : 48
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Book Description
Author: Michael J. Artis
Publisher:
ISBN:
Category : Business & Economics
Languages : en
Pages : 314
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Book Description
Monograph of essays examining economic theory trends relating to supply constraints, inflation and consumer demand management in UK economic policies - discusses labour supply, unemployment, absenteeism, normal-cost hypothesis of pricing, fiscal policy effects, the impact of public expenditure, wages, incomes policies, economic concentration and industrial structure, etc. Graphs and references.
Author: Torben M. Andersen
Publisher:
ISBN:
Category :
Languages : en
Pages :
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Book Description
The role of demand management policies is considered in an intertemporal model for a two-sector open economy with labour market imperfections causing persistent unemployment. Structural unemployment is shown to depend on demand management policies, although demand expansion need not in general lower unemployment. The implication of temporary and permanent changes in public demand for national wealth, unemployment and the trade balance are considered. Despite an inefficiently high level of unemployment and effectiveness of demand management policies, there is not in general a welfare case for pursuing such policies.
Author: William Fellner
Publisher:
ISBN:
Category : Employment (Economic theory)
Languages : en
Pages : 28
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Book Description
Author: Bennett T. McCallum
Publisher:
ISBN:
Category : Full employment policies
Languages : en
Pages : 22
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Book Description
This paper begins by identifying nominal price stickiness as the logical basis for the Keynesian or activist point of view concerning demand management policy. It then characterizes two alternative approaches to policy analysis that have been adopted by adherents of the Keynesian position, the "disequilibrium" and "Phillips curve" approaches, The former is inherently defective, it is argued, while the latter has yet to be satisfactorily implemented. Indeed, implementation that is not open to Lucas-critique weaknesses is not in sight. In response to the implied dilemma for policy makers, the paper describes a rule for the conduct of monetary policy that relies upon minimal understanding of price-adjustment dynamics and which should be robust to regulatory and technological change In the economy's financial and payments institutions. A bit of evidence is presented to suggest that the rule would, if adopted, lead to approximately zero inflation (on average) and to output/employment fluctuations that are small by historical standards.. Possible criticisms relating to recent European experience and to recent theoretical developments are considered
Author: Jon Shields
Publisher: Springer
ISBN: 1349201731
Category : Business & Economics
Languages : en
Pages : 271
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Book Description
A companion text to "Making the Economy Work", this covers aspects of the Employment Institute's published output in its first three years. Based on items produced by the Institute, it explains why alternative action to "monetarism" could have avoided the rise in unemployment in the early 1980s.
Author: K. G. Knight
Publisher: Rowman & Littlefield
ISBN: 9780389206613
Category : Business & Economics
Languages : en
Pages : 444
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Book Description
Unemployment is currently the major economic concern in developed countries. This book provides a thorough analysis of the theoretical and empirical aspects of the economics of unemployment in developed countries. It emphasizes the multicausal nature of unemployment and offers a variety of approaches for coping with the problem. Contents: Unemployment: Costs and Measurement; Stocks, Flows, Duration and the Incidence of Unemployment; Search, Unemployment and Unfilled Vacancies; Macroeconomics of Unemployment: The Classical Approach; Macroeconomics of Unemployment: The Non-Market Clearing Approach; Non-Natural Unemployment: The Empirical Evidence; The Natural Rate of Unemployment: The Supply Side; The Natural Rate of Unemployment: The Demand Side; Unemployment: Policy and Prospects; Bibliography^
Author: Dennis J. Snower
Publisher: Cambridge University Press
ISBN: 9780521599214
Category : Business & Economics
Languages : en
Pages : 624
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Book Description
There is substantial disagreement among policy-makers about how governments should respond to the problem of high unemployment. Thus far there has been little, if any, systematic attempt to evaluate the strengths and weaknesses of the main unemployment policies available to governments in market economies. Individual policy recommendations are usually made in isolation from one another. This book attempts to provide a balanced assessment of the various policy options, including the following: demand management versus supply-side policy, subsidizing employment and training, restructuring labour market regulations, and reforming the welfare state. The book also examines the political economy of unemployment policy and the effect of this policy on productivity growth.
Author: Bernard Corry
Publisher: Edward Elgar Publishing
ISBN:
Category : Business & Economics
Languages : en
Pages : 182
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Book Description
Six British economists address economic ideas, beliefs, and arguments regarding the causes and possible solutions to unemployment. An overview essay by Bernard Corry is followed by an essay in which Terry Peach addresses Ricardo's debates with Malthus on unemployment following the Napoleonic wars, while Jose Harris examines unemployment from 1870 to 1914. George Peden evaluates the interwar British Treasury's rejection of borrowing to counter unemployment and Alan Budd's paper is on the theory and practice of unemployment policy since WWII. Includes a concluding contribution by Walter Eltis. Annotation copyright by Book News, Inc., Portland, OR
Author: Mr.Dennis J. Snower
Publisher: International Monetary Fund
ISBN:
Category : Business & Economics
Languages : en
Pages : 48
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Book Description
The paper surveys unemployment policies for advanced market economies and evaluates them by examining the predictions of the underlying macroeconomic theories. The basic idea is that, for the most part, different unemployment policy prescriptions rest; on different macroeconomic theories, and our confidence in the prescriptions least in part--on the theories’ ability to predict some salient stylized facts about unemployment behavior. The paper considers four types, of policies laissez faire, demand-management supply-side; and structural policies.
