Unemployment Policy

1. Introduction Guillermo de la Dehesa and Dennis J. Snower; Part I. General Policy Issues: 2. Evaluating unemployment policies: what do the underlying theories tell us? Dennis J. Snower; 3. High unemployment from a political economy perspective Gilles Saint-Paul; Part II. Demand Management and Supply-Side Policy: 4. The role of demand-management policies in reducing unemployment Charles R. Bean; 5. Edmund Phelps' theory of structural slumps and its policy implications Edmond Malinvaud; Part III. Subsidising Employment and Training: 6. The simple economics of benefit transfers Dennis J. Snower; 7. Wage subsidy programmes: alternative designs Edmund S. Phelps; 8. Technological development, competition from low-wage economies and low-skilled unemployment Jacques H. Drèze and Henri Sneessens; 9. Macroeconomic and policy implications of shifts in the relative demand for skills Olivier J. Blanchard; 10. Would cutting payroll taxes on the unskilled have a significant impact on unemployment? Stephen J. Nickell and Brian Bell; 11. Preventing long-term unemployment: an economic analysis Richard Layard; Part IV. Labour Market Regulations: 12. An analysis of firing costs and their implications for unemployment policy Alison L. Booth; 13. Labour market regulation and unemployment Paul Gregg and Alan Manning; Part V. Policy, Job Reallocation and the Unemployment-Productivity Relation: 14. Is there a trade-off between unemployment and productivity growth? Robert J. Gordon; 15. Gross job reallocation and labour market policy Pietro Garibaldi, Jozef Konings and Christopher Pissarides; Part VI. Comparing Unemployment Policies: 16. Unemployment in the OECD and its remedies Patrick Minford; 17. The unemployment and welfare effects of labour market policy: a comparison of the US and the UK Stephen P. Millard and Dale T. Mortensen.