Richard Layard is one of Britain's foremost applied economists, and his work has had a profound impact on the policy of debate in Britain and abroad. This book contains his most influential articles on the subject of unemployment. It is published along with a companion volume, "Equality," which deals with these topics and with economic transition. "Unemployment" explains what causes unemployment and proposes remedies to reside it. There is a strong focus on how unemployed people are treated and how this affects unemployment--including Layard's well-known recommendation of a job-guarantee for long-term unemployed people. Other topics covered are the effect of unions on wage bargaining, the effect of low skill, and the possible role of rigid employment laws.
Richard Layard is one of Britain's foremost applied economists, and his work has had a profound impact on the policy of debate in Britain and abroad. This book contains his most influential articles on the subject of unemployment. It is published along with a companion volume, "Equality," which deals with these topics and with economic transition. "Unemployment" explains what causes unemployment and proposes remedies to reside it. There is a strong focus on how unemployed people are treated and how this affects unemployment--including Layard's well-known recommendation of a job-guarantee for long-term unemployed people. Other topics covered are the effect of unions on wage bargaining, the effect of low skill, and the possible role of rigid employment laws.