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Output Growth and Unemployment

Published online by Cambridge University Press:  26 March 2020

Abstract

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Type
Research Article
Copyright
Copyright © 1986 National Institute of Economic and Social Research

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References

(1) It is not intended to imply that growth would be constant over the whole period or that it would necessarily take as long as a decade to take up all the slack in the labour market. Short and medium-term prospects are discussed elsewhere in this number of the Review.

(2) Projections of investment and savings are given in table 6 on page 74.

(3) See A.D. Smith, ‘A current cost accounting measure of the stock of equipment in British manufacturing industry’, National Institute Discussion Paper No. 115.