The role of macroeconomic policy in overcoming slow economic growth. International comparisons and policy perspectives.

A fundamental point of this paper is, that - given existing structures (!) - the persistent problem of high unemployment in Europe cannot be attributed to tendencies in "jobless-growth" but is mainly caused by the fact that GDP-growth has been - and is still too low. This argument is first...

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Bibliographic Details
Main Author: Nowotny, Ewald
Format: Others
Language:en
Published: Inst. für Volkswirtschaftstheorie und -politik, WU Vienna University of Economics and Business 1999
Subjects:
Online Access:http://epub.wu.ac.at/1114/1/document.pdf