Unemployment Revisited

Abstract

Discusses a number of issues put forward by the other authors in this volume. In particular considers the potential role of real interest rates in unemployment models, the importance of the trade balance and related constraints in open economy models and the uniqueness and stability of unemployment equilibria.

Citation

Nickell, S. (1993), "Unemployment Revisited", Journal of Economic Studies, Vol. 20 No. 1/2. https://doi.org/10.1108/01443589310038542