文章基本信息

标题：Unemployment Persistence
本地全文：下载
作者：Torben M. Andersen
期刊名称：CESifo Forum
印刷版ISSN：1615-245X
出版年度：2010
期号：01
出版社：Ifo Institute for Economic Research
摘要：Higher unemployment is an inevitable consequence of the financial crisis. According to OECD projec- tions, unemployment for the OECD countries will on average rise from less than 6 percent in 2007 to 9 percent in 2010. Higher unemployment is a direct cost of the financial crisis, and there is a widespread fear that the increase in unemployment may become persistent. The experience from the 1970s and 1980s with high and persistent unemployment stands out as a worst case scenario with large social costs and severe consequences for the already much strained public finances. Accordingly, how to minimize the risk of persistent high unemployment is an impor- tant policy question.