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This second volume from the Swedish Trade Union Research Institute looks at recent research on labor market policies. The question of the extent of government intervention is examined between the two extremes of the effects of unrestricted and unhampered markets on the one hand, and the old Keynesian view of benevolent governments on the other. Job creation policies and labor market programs both in Europe and the United States are reviewed and cost-benefit rules for job-training programs are proposed. Also discussed are general issues concerning unemployment insurance and incentives.
This volume investigates the optimal extent of government intervention in labor markets by evaluating the efficacy of various policy instruments against the backdrop of market-driven outcomes. The authors, a team of distinguished economists, synthesize research from both European and American contexts to assess how labor market programs and unemployment insurance systems influence economic stability. By contrasting unrestricted market dynamics with traditional Keynesian interventionist models, the text provides a framework for evaluating the cost-benefit ratios of active labor market policies.
What You Will Find
Experts recognize this work as a significant contribution to the study of Swedish and international labor market policy. Readers frequently note the technical rigor of the analysis, which serves as a foundational reference for understanding the intersection of government intervention and economic incentives.
Page Count:
214
Publication Date:
1991-07-25
Publisher:
Oxford University Press
ISBN-10:
0198283237
ISBN-13:
9780198283232
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