Policies to control Un

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Govt. policies to cure Un
- Appropriateness depends on identifying the underlying causes of Un
- Using the wrong policy for a different cause can make Un worse
Previously thought to be supply-side causes (1990-2000). However, disagreement about appropriate policies since Keynesians thought to cause era of bad supply-side management; free-market econ think intervention should be ltd to ensure frictional AND structural and real-wage Un also cut
- Govt. policies to cure Un
  - Appropriateness depends on identifying the underlying causes of Un
  - Using the wrong policy for a different cause can make Un worse