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European Unemployment : Why is it So High and What Should be Done About it ?
| Content Provider | Semantic Scholar |
|---|---|
| Author | Katz, Lawrence F. |
| Copyright Year | 1999 |
| Abstract | This paper considers the impressive employment and unemployment performance of the United States over the past two decades, and the contrasting high unemployment experienced by most other OECD nations over the same period. It concludes that the multiple dimensions of US labour market flexibility have helped to produce strong labour market outcomes. However, the paper also documents the large increase in income inequality that has accompanied strong employment growth in the United States, and considers a number of policies that could address the increased inequality without being detrimental to the other, more favourable labour market outcomes. |
| File Format | PDF HTM / HTML |
| Alternate Webpage(s) | http://www.rba.gov.au/publications/confs/1998/pdf/summaries-98.pdf |
| Language | English |
| Access Restriction | Open |
| Content Type | Text |
| Resource Type | Article |
