Suchergebnisse

In this Manifesto, broadly endorsed by a large number of other economists, we propose an array of policies which can reduce unemployment in the European Union to levels comparable to those of other industrial countries. These include supply measures focusing on revival of the long stagnant rate of investment activity, which will have the effect of increasing productivity, demand and employment. However, to insure this result rather than a rise in inflation, we must improve the willingness of firms to offer jobs and of the unemployed to take them by supply measures, accepted by a socially responsible labor., focusing on reforms of the labor market and of the system of unemployment benefits.