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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Format: | Others |
Language: | en |
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Inst. für Volkswirtschaftstheorie und -politik, WU Vienna University of Economics and Business
1999
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Online Access: | http://epub.wu.ac.at/1114/1/document.pdf |