Commentary: The Role of Demand Management Policies in Reducing Unemployment
نویسنده
چکیده
The paper by Charles Bean is an excellent survey on how demand management policies may be beneficial in reducing unemployment, in the context of high, persistent unemployment among European countries. Professor Bean at the outset argues that in order to reduce the unemployment rate to a level socially acceptable (in Europe), policies are needed on both the demand and supply side. I keenly share the author's view that the supply side is very important, too. However, the major focus of the paper is the demand side of the labor market, and so are my comments.
منابع مشابه
Commentary: The Role of Demand Management Policies in Reducing Unemployment Welfare State Unemployment: A Comment
Charles Bean has written an informative discussion of unemployment that brings to a larger audience some parts of his comprehensive discussion of European unemployment (Bean, 1994). His current paper also discusses the role that policy might take to reduce unemployment. I will put policy issues aside initially to concentrate on the causes of unemployment. I begin by stating and commenting on fo...
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