Unemployment¶
Layard, R., Nickell, S., & Jackman, R. (2005). Unemployment: Macroeconomic Performance and the Labour Market. Oxford University Press.
Cited by¶
1 citation across 1 artifact.
Each citation links to the sentence it supports in the citing article.
Primes¶
- Irreducible Floor
- The structural lever here is retraining programs, mobility assistance, and reduced matching frictions — a slower, costlier class of move on a different timescale than rate cuts.
This sourceStandard reference arguing that active labour-market policy (retraining, mobility, reduced matching frictions / lower replacement ratio) is the structural lever that lowers the natural rate of unemployment.
- The structural lever here is retraining programs, mobility assistance, and reduced matching frictions — a slower, costlier class of move on a different timescale than rate cuts.
Verification¶
This reference passed the adversarial substantiation pipeline: it was checked to exist and to support the claim it is attached to. See how references were verified.
Registry ID ref:f9538fdc0dab · see in the full table