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  • © 1996

The 1990s Slump

Causes and Cures

Palgrave Macmillan

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Table of contents (16 chapters)

  1. Front Matter

    Pages i-vi
  2. Understanding Disparities In National Experience

    1. Front Matter

      Pages 1-1
    2. Employment and Unemployment

      • John Llewellyn
      Pages 5-36
    3. Explaining Disparities in Unemployment Dynamics

      • Marika Karanassou, Dennis J. Snower
      Pages 37-61
  3. Understanding Unemployment in Europe

    1. Front Matter

      Pages 95-95
    2. Wage Distribution and Unemployment

      • Jean-Paul Fitoussi, Gylfi Zoega
      Pages 97-132
    3. German Reunification, Profit and Growth

      • Luigi Paganetto, Pasquale L. Scandizzo
      Pages 133-151
  4. The Political Economy of the 1990s Slump

    1. Front Matter

      Pages 176-176
    2. Some Reflections on the Political Economy of Unemployment

      • Alberto Alesina, Gerald D. Cohen
      Pages 179-217
    3. Rejection of the Common Funnel Theorem

      • Robert A. Mundell
      Pages 251-266
  5. Econometric Models

    1. Front Matter

      Pages 279-279
    2. How to Decrease Unemployment

      • Olivier J. Blanchard
      Pages 281-291
  6. Structural Versus Monetary Factors

    1. Front Matter

      Pages 339-339
    2. The UK Labour Market: Micro Rigidities and Macro Obstructions

      • Patrick Minford, Jonathan Riley
      Pages 341-360

About this book

At the beginning of the 1990's unemployment grew in all industrialized countries: the essays in this collection focus on the causes and cures of this worrying phenomenon. The volume starts by analysing the disparities in the different national experiences and then focusing on European unemployment. This is followed by more theoretical discussions using econometric models. The volume ends with policy recommendations.

Editors and Affiliations

  • University ‘La Sapienza’ , Rome, Italy

    Mario Baldassarri

  • Faculty of Economics and Business Administration, University ‘Tor Vergata’, Rome, Italy

    Luigi Paganetto

  • Columbia University, New York, USA

    Edmund S. Phelps

Bibliographic Information

Buy it now

Buying options

eBook USD 39.99
Price excludes VAT (USA)
  • Available as PDF
  • Read on any device
  • Instant download
  • Own it forever
Softcover Book USD 54.99
Price excludes VAT (USA)
  • Compact, lightweight edition
  • Dispatched in 3 to 5 business days
  • Free shipping worldwide - see info

Tax calculation will be finalised at checkout

Other ways to access