Unemployment Dynamics Workshop
Two CEPR/ESRC workshops on Unemployment Dynamics were held in London on 22 October 1997 and 20 May 1998. The workshops were held under the auspices of CEPR's ESRC Resource Centre, which was established in 1993 to provide networking, dissemination, support and training services to the UK economics community. The aim of these informal gatherings is to consider the issue of the high unemployment levels in Europe and the UK by examining radically different approaches accounting for unemployment. Emphasis is placed on unemployment persistence and exploration of new avenues of research into the dynamics of employment and unemployment adjustments. The workshops were organized by Jenni Greenslade (Bank of England), Brian Henry (London Business School) and Dennis Snower (Birkbeck College, London, and CEPR). The following papers were presented at the October 1997 meeting:
Adjustments Versus the Natural Rate'
Unemployment and the NAIRU in Austria: Theoretical Considerations and
Effects on Unemployment: The Case of Belgium'
Supply, the Natural Rate and the Welfare State in the Netherlands'
Preliminary Thoughts Concerning the Persistence of Unemployment: The
and the Natural Rate'
The papers presented at the May 1998 meeting were as follows:
'The Cost of
Low Inflation? Nominal Wage Rigidity in the UK'
versus Bad Jobs: Theory and Some Evidence'
Wages and the Supply Side of the UK Economy'
Progress and the Natural Rate in a Vintage Model'
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