Causes of the 1980s Slump in Europe
AbstractUNEMPLOYMENT in Europe has reached levels in this decade that have not been seen since the Great Depression. The annual unemployment rate in the European Economic Community rose sharply in 1981 and continued rising to its 1984-85 plateau. In contrast, the U.S. unemployment rate, which also rose to a postwar record level, nearly regained its 1980 level by 1985, as shown below.
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Bibliographic InfoArticle provided by Economic Studies Program, The Brookings Institution in its journal Brookings Papers on Economic Activity.
Volume (Year): 17 (1986)
Issue (Month): 2 ()
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macroeconomics; slump; unemployment; Europe; EEC; macroeconomic theory;
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Blog mentionsAs found by EconAcademics.org, the blog aggregator for Economics research:
- Interest rates, inflation & mechanisms
by chris dillow in Stumbling and Mumbling on 2014-04-28 13:47:19
- Froot, Kenneth A & Klemperer, Paul D, 1989.
"Exchange Rate Pass-Through When Market Share Matters,"
American Economic Review, American Economic Association,
American Economic Association, vol. 79(4), pages 637-54, September.
- Kenneth A. Froot & Paul Klemperer, 1989. "Exchange Rate Pass-Through When Market Share Matters," NBER Working Papers 2542, National Bureau of Economic Research, Inc.
- Howard R. Vane & Chris Mulhearn, 2009. "Interview with Edmund S. Phelps," Journal of Economic Perspectives, American Economic Association, American Economic Association, vol. 23(3), pages 109-24, Summer.
- Bennett T. McCallum, 1987. "The case for rules in the conduct of monetary policy: a concrete example," Economic Review, Federal Reserve Bank of Richmond, Federal Reserve Bank of Richmond, issue Sep, pages 10-18.
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