Unemployment Policy: Government Options for the Labour Market

Dennis J. Snower · Guillermo de la Dehesa

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Labor market dynamics and wage inequality Employment, Labor, and Gender Studies Unemployment and Economic Growth

Abstract

1. Introduction Guillermo de la Dehesa and Dennis J. Snower Part I. General Policy Issues: 2. Evaluating unemployment policies: what do the underlying theories tell us? Dennis J. Snower 3. High unemployment from a political economy perspective Gilles Saint-Paul Part II. Demand Management and Supply-Side Policy: 4. The role of demand-management policies in reducing unemployment Charles R. Bean 5. Edmund Phelps' theory of structural slumps and its policy implications Edmond Malinvaud Part III. Subsidising Employment and Training: 6. The simple economics of benefit transfers Dennis J. Snower 7. Wage subsidy programmes: alternative designs Edmund S. Phelps 8. Technological development, competition from low-wage economies and low-skilled unemployment Jacques H. Dreze and Henri Sneessens 9. Macroeconomic and policy implications of shifts in the relative demand for skills Olivier J. Blanchard 10. Would cutting payroll taxes on the unskilled have a significant impact on unemployment? Stephen J. Nickell and Brian Bell 11. Preventing long-term unemployment: an economic analysis Richard Layard Part IV. Labour Market Regulations: 12. An analysis of firing costs and their implications for unemployment policy Alison L. Booth 13. Labour market regulation and unemployment Paul Gregg and Alan Manning Part V. Policy, Job Reallocation and the Unemployment-Productivity Relation: 14. Is there a trade-off between unemployment and productivity growth? Robert J. Gordon 15. Gross job reallocation and labour market policy Pietro Garibaldi, Jozef Konings and Christopher Pissarides Part VI. Comparing Unemployment Policies: 16. Unemployment in the OECD and its remedies Patrick Minford 17. The unemployment and welfare effects of labour market policy: a comparison of the US and the UK Stephen P. Millard and Dale T. Mortensen.

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