The Impact of Microeconomic Policies on European Unemployment

Authors

Sven W. Arndt, Claremont McKenna CollegeFollow

Document Type

Article

Department

Economics (CMC)

Publication Date

1989

Abstract

Today's unemployment levels in Europe are quite unprecedented by post-war standards. For many years, the industrialized countries of Europe faced quiet the opposite problem: a labor shortage that precipitated the inflow of vast numbers of "guest workers" from the Mediterranean area and from the Middle East. In some countries, such as Germany, unemployment levels half as large as today's would have provided major political upheavals during that era. Yet today, they stimulate a lively debate on causes and cures but little else.

Rights Information

© 1989 Springer

Terms of Use & License Information

Terms of Use for work posted in Scholarship@Claremont.

DOI

10.1007/BF02685512

Recommended Citation

Arndt, Sven W. 1989. The Impact of Microeconomic Policies on European Unemployment. Journal of Labor Research 10(1): 45-50.