Skip Content

Unemployment in the great recession

Events • Economics • Lecture

Unemployment rose in all economically advanced countries during the recession that began in 2008. It is still above normal levels virtually everywhere in the world. Country experiences varied widely, with Spain and Greece at one extreme of experiencing unemployment rates at over 20 per cent and Germany at the other extreme of experiencing hardly any rise. In this lecture, Professor Pissarides surveys the different experiences of countries in Europe and elsewhere - examining the reasons for such differences, and drawing conclusions for the conduct of policy in times of recession.

Speaker:
Professor Christopher Pissarides FBA
School Professor in Economics and Political Science, London School of Economics

About the Speaker:
Professor Christopher Pissarides is School Professor in Economics and Political Science at the London School of Economics. He was elected a Fellow of the British Academy in 2002 and has published widely on macroeconomics and the theory of labour markets. In 2005 he became the first European economist to win the IZA Prize in Labor Economics and in 2010 he won the Nobel Prize in Economic Sciences for his analysis of markets with search frictions.


More about the Keynes Lectures in Economics

By continuing to use the site, you agree to the use of cookies. more information

The cookie settings on this website are set to "allow cookies" to give you the best browsing experience possible. If you continue to use this website without changing your cookie settings or you click "Accept" below then you are consenting to this.

Close