Bell, David N.F.; Blanchflower, David G. - Institute for the Study of Labor (IZA) - 2009
This paper considers the issue of unemployment one of the most pressing issues facing the UK and other governments, as … this recession is substantively different from past downturns in the UK and argues that, although the extreme rationing up … we believe will be the very serious adverse consequences of the likely increase in unemployment in the UK over the short …