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Hardcover Combatting Unemployment Book

ISBN: 0199609780

ISBN13: 9780199609789

Combatting Unemployment

Why is unemployment higher in some countries than others? Why does it fluctuate between decades? Why are some people at greater risk than others?

Layard and Nickell have worked on these issues for thirty years. Their famous model, first published in 1986, is now used throughout the world. It asserts that unemployment must be high enough to reduce the real wages for which workers settle to the level justified by productivity. So what affects...

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Format: Hardcover

Condition: New

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