The road back to full employment
Layard, R.
(1996).
The road back to full employment.
(Centre for Economic Performance occasional papers CEPOP10).
London School of Economics and Political Science. Centre for Economic Performance.
(1996).
The road back to full employment.
(Centre for Economic Performance occasional papers CEPOP10).
London School of Economics and Political Science. Centre for Economic Performance.
This is the paper of a lecture held in honour of Rudolf Meidner, attempting to answer the following questions: How far can recovery go before the labour market becomes so tight that inflationary pressures once more get out of hand? In other words, what level of employment in future will be sustainable?