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Do High Benefits Cause Unemployment?
Author(s) -
Eaton Jack
Publication year - 1986
Publication title -
economic affairs
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 0.24
H-Index - 18
eISSN - 1468-0270
pISSN - 0265-0665
DOI - 10.1111/j.1468-0270.1986.tb01766.x
Subject(s) - argument (complex analysis) , unemployment , reading (process) , social security , economics , payment , sociology , economic history , political science , law , macroeconomics , finance , market economy , medicine
Kent Matthews, Lecturer in Monetary Economics at the Universtiy of Liverpool, presented historical data (Economic Affairs April—June 1985) to support his argument that excessive real wages combined with growing social security payments to increase inter‐war unemployment, Jack Eaton, Lecturer in Industrial Relations at the University College of Wales, Aberystwyth, invokes several academic economists to refute his argument. Kent Matthews retorts that the objection is based on a mis‐reading of the evidence and its analysts.