How to Decrease Unemployment

  • Olivier J. Blanchard
Part of the Central Issues in Contemporary Economic Theory and Policy book series (CICETP)


I do not share the view which has dominated in this volume, that nothing short of a dramatic and painful overhaul of the supply side of our economies will reduce unemployment. I believe unemployment in Western Europe can be reduced, can be reduced to low levels, and that this need not involve much pain.


Europe Income Dura Defend Concession 


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Copyright information

© Servizio Italiano Pubblicazioni Internazionali Srl 1996

Authors and Affiliations

  • Olivier J. Blanchard
    • 1
    • 2
  1. 1.MITCambridgeUSA
  2. 2.NBERUSA

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