Macro And Micro Policies For More Growth And Employment
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A01=Herbert Giersch
Actual Unemployment Rate
Adverse Supply Shock
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Alan Blinder
Allocative Policy
Author_Herbert Giersch
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Category1=Non-Fiction
Category=JP
COP=United Kingdom
Current Account Balances
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Dollar Exchange Rate
economic policy coordination
Efficiency Wage
Efficiency Wage Hypothesis
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European employment policy analysis
Federal Reserve
GNP Deflator
GNP Growth
Hysteresis Output
International Policy Coordination
labor market dynamics
Labor's Income Share
Labor’s Income Share
Language_English
Macroeconomic Policy Coordination
monetary policy rules
Money Growth
NAIRU
Natural Unemployment Rate
Nominal GNP.
Nominal Inertia
Output Gaps
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Price_€50 to €100
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Real Exchange Rates
Real GNP
Rules-versus-Discretion
softlaunch
supply side economics
Unemployment
unemployment trends
Vice Versa
wage gap analysis
West Germany
Willem Buiter
Product details
- ISBN 9780367003500
- Weight: 860g
- Dimensions: 156 x 234mm
- Publication Date: 13 Sep 2019
- Publisher: Taylor & Francis Ltd
- Publication City/Country: GB
- Product Form: Hardback
- Language: English
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Major industrial countries have shown strikingly different performances in recent years. Between 1982 and 1987 • employment in the United States and Japan increased by 13 and 6 per cent respectively but only by 2 per cent in Western Europe. While unemployment rates in America and Japan are presently almost as low as they were in the late 1970s when the cyclical position was about the same • they are double as high as they were then in Western Europe. Correspondingly, GNP growth in Western Europe was low by past and international standards.
