Is There a Trade-Off Between Unemployment and Inequality? No Easy Answers

Download or read book Is There a Trade-Off Between Unemployment and Inequality? No Easy Answers written by Rebecca M. Blank and published by . This book was released on 2001 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: Blank considers how the flexibility of U.S. labor markets and the regulation and redistribution policies of European labor markets may determine employers' responses to worldwide economic transformations that result in increasing wage disparity in the United States and continuing high unemployment in Europe. She suggests that since the transformations will undoubtedly continue, governments should seek to develop plans to offset and reduce the adverse labor market effects by combining the best aspects of the two institutional approaches.