An economists’ Manifesto on unemployment in the European Union
PSL Quarterly Review
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Title |
An economists’ Manifesto on unemployment in the European Union
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Creator |
MODIGLIANI, F.
FITOUSSI, J.-P. MORO, B. SNOWER, D. SOLOW, R. STEINHERR, A. SYLOS LABINI, P. |
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Subject |
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Economic aspects, Employment, Unemployment, European Union E24, E60, J30, J60 |
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Description |
In this Manifesto, we make a set of proposals to fight unemployment in the EU. We believe that the European unemployment problem needs to be attacked on two fronts: through a broad spectrum of supply-side policies and the demand management policy. The expansion of aggregate demand is necessary to increase both investment and employment. However, unless supply-side measures are also taken, demand expansion can result in more inflation instead of more employment, because of the mismatch between the demand and supply of labour. What is important to stress is that both demand and supply-side policies must be adopted together by all European countries, in order both to avoid beggar-thy-neighbor problems and, at the same time, to catch all the possible complementary effects of these policies. JEL Codes: E24, E60, J30, J60Keywords: Economic aspects, Employment, Unemployment, European Union
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Publisher |
Economia civile
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Contributor |
—
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Date |
2013-10-20
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Type |
info:eu-repo/semantics/article
info:eu-repo/semantics/publishedVersion — |
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Format |
application/pdf
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Identifier |
http://annalidibotanica.uniroma1.it/index.php/PSLQuarterlyReview/article/view/10601
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Source |
PSL Quarterly Review; Vol 51, No 206 (1998)
PSL Quarterly Review; Vol 51, No 206 (1998) 2037-3643 ISSN 2037-3635 |
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Language |
eng
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Relation |
http://annalidibotanica.uniroma1.it/index.php/PSLQuarterlyReview/article/view/10601/10485
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Rights |
Copyright (c) 2016 F. MODIGLIANI, J.-P. FITOUSSI, B. MORO, D. SNOWER, R. SOLOW, A. STEINHERR, P. SYLOS LABINI
http://creativecommons.org/licenses/by-nc-nd/4.0 |
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