In (some) economists’ topsy turvy world, cutting firing costs will decrease unemployment – except it won’t.
British Politics and Policy at LSE
(20 Sep 2010)
The financial crisis, and the austerity drives now following it, have helped increase unemployment in some European countries to levels not seen for many decades. Dani Rodrik argues that it is hard to see how Spain’s recent tactic of making it easier for employers to sack workers can help alleviate this problem.
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