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On Economic Policies of Unemployment in Europe

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  • Pelagidis, Theodore

Abstract

This article deals with the unemployment problem in Europe. While the prevailing explanations sources of unemployment such as jobless growth, rigid labour markets and the process of globalization are rejected, it is argued that technological backwardness, slow growth and investment rates are responsible for the high European unemployment rate. A change in the mix of economic policy implemented in Europe is proposed in order to decelerate real interest rate, increase investments, GDP and employment.

Suggested Citation

  • Pelagidis, Theodore, 1999. "On Economic Policies of Unemployment in Europe," MPRA Paper 107040, University Library of Munich, Germany.
    • Handle: RePEc:pra:mprapa:107040
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    File URL: https://mpra.ub.uni-muenchen.de/107040/1/MPRA_paper_107040.pdf
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    References listed on IDEAS

    as
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    6. Theodore Pelagidis, 1996. "Europe at a monetary crossroads: problems and prospects," Brussels Economic Review, ULB -- Universite Libre de Bruxelles, vol. 152, pages 451-486.
    7. Richard Katz, 1999. "Economic Anorexia: Japan’s Real Demand Problem," Challenge, Taylor & Francis Journals, vol. 42(2), pages 77-101, March.
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    Full references (including those not matched with items on IDEAS)

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    More about this item

    Keywords

    European Unemployment; Labour Markets; Trade Globalization;
    All these keywords.

    JEL classification:

    • J08 - Labor and Demographic Economics - - General - - - Labor Economics Policies
    • J64 - Labor and Demographic Economics - - Mobility, Unemployment, Vacancies, and Immigrant Workers - - - Unemployment: Models, Duration, Incidence, and Job Search

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