There is a paradox at the heart of our lives. We all want more money, but as societies become richer, they do not become happier. This is not speculation: It's the story told by countless pieces of scientific research. We now have sophisticated ways of measuring how happy people are, and all the evidence shows that on average people have grown no happier in the last fifty years, even as average incomes have more than doubled.
The central question the great economist Richard Layard asks in Happiness is this: If we really wanted to be happier, what would we do differently? First we'd...
There is a paradox at the heart of our lives. We all want more money, but as societies become richer, they do not become happier. This is not speculat...
Written by leading experts in the field, this book provides a broad survey of unemployment. Explaining what has happened to employment levels in the industrialized countries in the 1970s and 1980s, the authors discuss why unemployment is so high and why it has fluctuated so wildly, how unemployment affects inflation, and whether full employment can ever be combined with price stability. For each issue it develops a relevant theory, followed by extensive empirical analysis, drawing on material from both Europe and America.
Written by leading experts in the field, this book provides a broad survey of unemployment. Explaining what has happened to employment levels in the i...
Why has unemployment fallen in some countries and not in others? This classic book is now re-issued with an updated introduction, which shows how well the analysis explains recent developments. The book is both a textbook and an original monograph in which the authors set out their analytic framework which has now become standard in some countries. The book both explains unemployment and shows how it can be reduced. It contains a long overview chapter which is accessible to any non-specialist with an elementary knowledge of economics.
Why has unemployment fallen in some countries and not in others? This classic book is now re-issued with an updated introduction, which shows how well...
Richard Layard is one of Britain's foremost applied economists, whose work has had a profound impact on the policy debate in Britain and abroad. This book contains his most influential articles on education, equality and income distribution and on the lessons of economic transition in Eastern Europe. It is published along with a companion volume. Inequality argues that lifetime inequality is the basic inequality we should worry about. In this context education is a powerful instrument of redistribution, as well as a national investment. Cash redistribution has efficiency costs which can be...
Richard Layard is one of Britain's foremost applied economists, whose work has had a profound impact on the policy debate in Britain and abroad. This ...
This second edition covers all the main problems that arise in a typical cost-benefit exercise. It is entirely up to date, reflecting the most recent research in the area. Part One covers the main theoretical issues affecting cost-benefit analysis. Part Two considers the problem of ascribing a monetary value to things. The third part covers six separate case studies drawn from real-life examples. The book begins with an extended elementary introduction written by the editors.
This second edition covers all the main problems that arise in a typical cost-benefit exercise. It is entirely up to date, reflecting the most recent ...
Richard Layard is one of Britain's foremost applied economists, whose work has had a profound impact on the policy debate in Britain and abroad. This book contains his most influential articles on the subject of unemployment. It is published along with a companion volume Inequality, which deals with these topics and with economic transition. Unemployment explains what causes unemployment and proposes remedies to reduce it. There is a strong focus on how unemployed people are treated and how this affects unemployment - including Layard's well-known recommendation of a job-guarantee for long...
Richard Layard is one of Britain's foremost applied economists, whose work has had a profound impact on the policy debate in Britain and abroad. This ...
Richard Layard Stephen J. Nickell Werner Eichhorst
Why is unemployment higher in some countries than others? Why does it fluctuate between decades? Why are some people at greater risk than others? Layard and Nickell have worked on these issues for thirty years. Their famous model, first published in 1986, is now used throughout the world. It asserts that unemployment must be high enough to reduce the real wages for which workers settle to the level justified by productivity. So what affects 'wage push'? The authors showed early on that the key factors affecting 'wage push' are how unemployed workers are treated and how wages are...
Why is unemployment higher in some countries than others? Why does it fluctuate between decades? Why are some people at greater risk than others? ...
Mental illness is a leading cause of suffering in the modern world. In sheer numbers, it afflicts at least 20 percent of people in developed countries. It reduces life expectancy as much as smoking does, accounts for nearly half of all disability claims, is behind half of all worker sick days, and affects educational achievement and income. There are effective tools for alleviating mental illness, but most sufferers remain untreated or undertreated. What should be done to change this? In Thrive, Richard Layard and David Clark argue for fresh policy approaches to how we think about...
Mental illness is a leading cause of suffering in the modern world. In sheer numbers, it afflicts at least 20 percent of people in developed countr...
Richard Layard Stephen J. Nickell Werner Eichhorst
Why is unemployment higher in some countries than others? Why does it fluctuate between decades? Why are some people at greater risk than others? Layard and Nickell have worked on these issues for thirty years. Their famous model, first published in 1986, is now used throughout the world. It asserts that unemployment must be high enough to reduce the real wages for which workers settle to the level justified by productivity. So what affects 'wage push'? The authors showed early on that the key factors affecting 'wage push' are how unemployed workers are treated and how wages are...
Why is unemployment higher in some countries than others? Why does it fluctuate between decades? Why are some people at greater risk than others? ...
