Jones, Peter W (2007): Is Jamaica Caught in A Structural Unemployment Policy Trap?
Download (86kB) | Preview
For the last seventeen years in Jamaica, the theory of the natural rate of unemployment has dominated Jamaican Government macroeconomic policy making. Attention has predominantly focused on its implications for the inflation - unemployment trade-off as a result of the complete embracing of the Euro-American economic theory in comparison to say “neo-south-south economic thinking” as has happened in Brazil on this matter . However, another implication concerns the possibility that Jamaican Government policy makers may have gotten caught in a structural unemployment policy trap.
|Item Type:||MPRA Paper|
|Institution:||Economic Development Institute Jamaica|
|Original Title:||Is Jamaica Caught in A Structural Unemployment Policy Trap?|
|Keywords:||Government Of Jamaica; Unemployment Jamaica|
|Subjects:||O - Economic Development, Technological Change, and Growth > O2 - Development Planning and Policy > O23 - Fiscal and Monetary Policy in Development
O - Economic Development, Technological Change, and Growth > O2 - Development Planning and Policy > O20 - General
|Depositing User:||Peter Jones|
|Date Deposited:||04. Nov 2007|
|Last Modified:||14. Feb 2013 20:50|