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Growth and Employment in Europe

Martin Zigler

Palgrave 2004, 248 s. ISBN 0333777611
Bogomtale fra forlaget.

Zagler investigates the interaction between changes in the level of unemployment and changes in the economic rate of growth. It asks, both in theory and in evidence, whether a change in the growth rate of the economy will affect the level of unemployment which the economy experiences and whether a decline in the level of unemployment will foster or deteriorate the growth performance of the economy.

Contents Introduction and Overview
Efficiency Wages
A Model of Economic Growth and Structural Change
Structural Change and Search Frictions
Can Long-term Wage Accords Promote Growth and Employment?
Aggregate Demand and Keynesian Unemployment
Job Creation and Destruction
The Causality between Economic Growth and Unemployment
The Dynamics of Economic Growth and Unemployment
Conclusions and Policy Recommendations
Author BiographiesMARTIN ZAGLER is Associate Professor of Economics at the Vienna University of Economics and Business Administration, Austria and visiting professor at the Free University of Bozen/Bolzano. He has published in a number of learned journals and is the author of Endogenous Growth, Economic Policy, and Market Failures.