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What Should Be Done About Rising Unemployment in the OECD?

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Author Info
Bell, David N.F. () (University of Stirling)
Blanchflower, David G. () (Dartmouth College)

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Abstract

There is a growing belief that the recession has run its course and that the goods market has started a period of slow, but sustainable, recovery. Improvement in the labor market may take some time, but many believe that unemployment will return to its 2007 level in the medium term. In this paper, we argue that recovery is by no means guaranteed and that the consequences for unemployment may be worse than anticipated.

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Publisher Info
Paper provided by Institute for the Study of Labor (IZA) in its series IZA Discussion Papers with number 4455.

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Date of creation: Sep 2009
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Handle: RePEc:iza:izadps:dp4455

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Related research
Keywords: unemployment; youth;

Find related papers by JEL classification:
J64 - Labor and Demographic Economics - - Mobility, Unemployment, and Vacancies - - - Unemployment: Models, Duration, Incidence, and Job Search

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This page was last updated on 2009-12-21.


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