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Evaluating Unemployment Policies

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  • Dennis J. Snower

Abstract

The paper surveys unemployment policies for advanced market economies and evaluates them by examining the predictions of the underlying macroeconomic theories. The basic idea is that, for the most part, different unemployment policy prescriptions rest; on different macroeconomic theories, and our confidence in the prescriptions least in part--on the theories’ ability to predict some salient stylized facts about unemployment behavior. The paper considers four types, of policies laissez faire, demand-management supply-side; and structural policies.

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Bibliographic Info

Paper provided by International Monetary Fund in its series IMF Working Papers with number 95/7.

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Length: 44
Date of creation: 01 Jan 1995
Date of revision:
Handle: RePEc:imf:imfwpa:95/7

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Cited by:
  1. Charles Meth, 2004. "Half Measures: The ANC's Unemployment and Poverty Reduction Goals," Working Papers, University of Cape Town, Development Policy Research Unit 04089, University of Cape Town, Development Policy Research Unit.
  2. Adams, John & Greig, Malcolm & McQuaid, Ronald W., 1999. "Mismatch and unemployment in local labour markets," ERSA conference papers ersa99pa027, European Regional Science Association.
  3. Hedwig Lutz, 1998. "European Social Fund and Labor Market Policy," WIFO Monatsberichte (monthly reports), WIFO, vol. 71(9), pages 617-625, September.
  4. Aloys Prinz, 2004. "Reform der Arbeitsmarktpolitik: Alter Wein in neuen Schläuchen?," Perspektiven der Wirtschaftspolitik, Verein für Socialpolitik, Verein für Socialpolitik, vol. 5(3), pages 313-332, 08.
  5. Kamila Fialová & Martina Mysíková, 2009. "Labour Market Participation: The Impact of Social Benefits in the Czech Republic and Selected European Countries," Prague Economic Papers, University of Economics, Prague, University of Economics, Prague, vol. 2009(3), pages 235-250.

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