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Fighting Unemployment: The Limits of Free Market Orthodoxy

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 | #2862290 in eBooks |  2004-12-02 |  2004-11-05 | File type: PDF

|| ||"The essays in this book are an in-depth challenge to the received wisdom that labor market rigidity is to blame for poor employment performance, in Europe and elsewhere. Though not all readers may agree with the nuances, these essays contain a wealth of inte

With much of Europe plagued by high levels of unemployment, it has become widely accepted that the culprit is labor market rigidity and that the prescription can only be labor market deregulation: lower wages, higher earnings inequality, greater decentralization in bargaining, less generous unemployment benefits, more hiring flexibility, and less job security. Fighting Unemployment critically assesses this free market orthodoxy. With cross-country statistical an...

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