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The Rise of Unemployment in Europe

Author

Listed:
  • Engelbert Stockhammer

Abstract

This book offers a long overdue and refreshing Keynesian approach to the rise of European unemployment. It critically discusses the NAIRU theory and presents econometric evidence to assess the relative importance of capital investment and labor market institutions. The author also explores the reasons for the slowdown in capital accumulation, and is able to establish a clear link between changes in the financial sector, changes in corporate governance and investment expenditures.

Individual chapters are listed in the "Chapters" tab

Suggested Citation

  • Engelbert Stockhammer, 2004. "The Rise of Unemployment in Europe," Books, Edward Elgar Publishing, number 3111, June.
    • Handle: RePEc:elg:eebook:3111
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    Keywords

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    JEL classification:

    • D7 - Microeconomics - - Analysis of Collective Decision-Making

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