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Economic polices

Jackman, Richard (1995) Economic polices. CEP Discussion Papers (CEPDP0265). London School of Economics and Political Science. Centre for Economic Performance, London, UK.

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This paper discusses employment policy in the transitional economies of Central and Eastern Europe. It argues that unemployment has arisen as a consequence of economy-wide shocks rather than as part of the process of reallocation of labour between sectors. Hence policies such as tax-based incomes policy, to restrain wage growth, and selective financial support of enterprises can slow down the inflow into unemployment without impeding the process of restructuring. Likewise active labour market policies can be most successful if aimed at direct job creation rather than at improving labour mobility across sectors.

Item Type: Monograph (Discussion Paper)
Official URL:
Additional Information: © 1995 The Author(s)
Divisions: Economics
Subjects: H Social Sciences > HC Economic History and Conditions
H Social Sciences > HD Industries. Land use. Labor
JEL classification: J - Labor and Demographic Economics > J0 - General > J00 - General
Date Deposited: 20 Feb 2024 14:27
Last Modified: 16 May 2024 12:33

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