Malinvaud on Macroeconomic Policy

Reference : Malinvaud on Macroeconomic Policy


	Document type :	Scientific journals : Article
	Discipline(s) :	Business & economic sciences : Macroeconomics & monetary economics
	To cite this reference:	http://hdl.handle.net/10993/31311

Title :	Malinvaud on Macroeconomic Policy
Language :	English
Author, co-author :	Sneessens, Henri [University of Luxembourg > Faculty of Law, Economics and Finance (FDEF) > Center for Research in Economic Analysis (CREA) >]
Publication date :	2017
Journal title :	Annales d'Economie et de Statistique
Publisher :	Institut National de la Statistique et des Etudes Economiques (ADRES)
Volume :	125-126
Peer reviewed :	Yes
Audience :	International
ISSN :	0769-489X
e-ISSN :	2115-4430
City :	Paris
Country :	France
Keywords :	[en] classical unemployment ; European unemployment ; low-skilled unemployment ; wages ; labour taxes
Abstract :	[en] 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.
Target :	Researchers
Permalink :	http://hdl.handle.net/10993/31311

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