Sneessens, Henri
[UCL]
The objective of this brief essay is to discuss Edmond Malinvaud’s contribution to the European macroeconomic policy debate, as it evolved from the early seventies till the early 2000’s. I start with the concepts of Keynesian vs classical unemployment and the consequences of real wage rigidities. I next review Malinvaud’s analysis of the low-skilled unemployment problem and his call for targeted labour tax exemptions. I close with a brief discussion of the respective role of macroeconomic and structural policies.
Bibliographic reference |
Sneessens, Henri. Malinvaud on Macroeconomic Policy. In: Annals of Economics and Statistics, , no.125/126, p. 153-164 (June 2017) |
Permanent URL |
http://hdl.handle.net/2078.1/186262 |