Centre for Economic Performance (CEP)

Abstract for:

The Road Back to Full Employment

Richard  Layard,  April 1996
Paper No' CEPOP10: Full paper (pdf)
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Is hard copy/paper copy available? YES - Paper Copy Still In Print.
This Paper is published under the following series: CEP Occasional Papers
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This is the paper of a lecture held in honour of Rudolf Meidner, attempting to answer the following questions: How far can recovery go before the labour market becomes so tight that inflationary pressures once more get out of hand? In other words, what level of employment in future will be sustainable?