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Europe's unemployment problem

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  • DREZE, Jacques
  • GOLLIER, Christian

Abstract

The main difference between unemployment in the US and Europe is due to the way productivity is incorporated into real wages and the extent to which output and employment are demand determined.
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Suggested Citation

  • DREZE, Jacques & GOLLIER, Christian, 1994. "Europe's unemployment problem," LIDAM Reprints CORE 1075, Université catholique de Louvain, Center for Operations Research and Econometrics (CORE).
    • Handle: RePEc:cor:louvrp:1075
    DOI: 10.1017/S1062798700000910
    Note: In : European Review, 2, (1), 73-82, 1994
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    Cited by:

    1. Francesco Silva, 1995. "Are the solutions to the high unemployment puzzle?," LIUC Papers in Economics 18, Cattaneo University (LIUC).

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