© 1996

The 1990s Slump

Causes and Cures

  • Mario Baldassarri
  • Luigi Paganetto
  • Edmund S. Phelps

Table of contents

  1. Front Matter
    Pages i-vi
  2. Understanding Disparities In National Experience

    1. Front Matter
      Pages 1-1
    2. John Llewellyn
      Pages 5-36
    3. Marika Karanassou, Dennis J. Snower
      Pages 37-61
  3. Understanding Unemployment in Europe

    1. Front Matter
      Pages 95-95
    2. Jean-Paul Fitoussi, Gylfi Zoega
      Pages 97-132
    3. Luigi Paganetto, Pasquale L. Scandizzo
      Pages 133-151
  4. The Political Economy of the 1990s Slump

    1. Front Matter
      Pages 176-176
    2. Alberto Alesina, Gerald D. Cohen
      Pages 179-217
    3. Robert A. Mundell
      Pages 251-266
  5. Econometric Models

    1. Front Matter
      Pages 279-279
    2. Olivier J. Blanchard
      Pages 281-291
  6. Structural Versus Monetary Factors

    1. Front Matter
      Pages 339-339
    2. Patrick Minford, Jonathan Riley
      Pages 341-360

About this book


At the beginning of the 1990's unemployment grew in all industrialized countries: the essays in this collection focus on the causes and cures of this worrying phenomenon. The volume starts by analysing the disparities in the different national experiences and then focusing on European unemployment. This is followed by more theoretical discussions using econometric models. The volume ends with policy recommendations.


econometrics employment growth labor market unemployment

Editors and affiliations

  • Mario Baldassarri
    • 1
  • Luigi Paganetto
    • 2
  • Edmund S. Phelps
    • 3
  1. 1.University ‘La Sapienza’ RomeItaly
  2. 2.Faculty of Economics and Business AdministrationUniversity ‘Tor Vergata’RomeItaly
  3. 3.Columbia UniversityNew YorkUSA

Bibliographic information