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Unemployment persistence in a small open labour market : the Irish case
Author(s)
Date Issued
1998-01
Date Available
2011-06-14T15:25:13Z
Abstract
This paper reviews previous research on Irish unemployment. It examines the reasons for the persistence of high unemployment and the relevance of the concept of a time-varying rate of "equilibrium" unemployment in a small and open labour market. The links between Irish and British unemployment, and the effects of economic growth on Irish unemployment, are explored. The difficulty of establishing links between Irish labour market conditions and wage price inflation is documented. The paper concludes with a discussion of contribution of centralised wage bargaining to the recent impressive performance of the Irish labour market.
Sponsorship
Not applicable
Type of Material
Working Paper
Publisher
University College Dublin. School of Economics
Series
UCD Centre for Economic Research Working Paper Series
WP98-01
Classification
E24
J40
J64
Subject – LCSH
Unemployment--Research--Ireland
Labor market--Ireland
Language
English
Status of Item
Not peer reviewed
This item is made available under a Creative Commons License
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