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Housing Reform to 'Create'Jobs
Authors:Patrick Minford  Paul Ashton  Michael Peel
Institution:Patrick Minford is the Edward Gonner Professor of Applied Economics at the Unlveslty of Liverpool and a prmclpal con-ttiutor to its Quderly Econo-mlc BulleOn He is a co-author of Unemployment Cause and Cure and of the forthcommg IEA study on the housing market and its effects on unemployment Unemployment Cause and Cure and of a forthcommg lEA study on the housing market and its effects on unemployment;Paul Ashton is a research assocmte o f t h e Liverpool Group m macro-economics at the Department of Economics and Business Studies Uruversl-ty of Liverpool He has rotten on the economics of low pay and poverty He IS also a coauthor of Unemployment Cause and Cure and the forth-commg IEA housing study;Michael Pee1 is a research associate speclaheing m the housing market at Liverpool University He has written on corporate failure employment protection, trade union unmun-Ity and the closed shop He too 1s a co-author of Unemployment Cause and Cure and. with Patrick Mmford and Paul Ashton, of the forthcommg IEA study on housing
Abstract:Analyses of state intervention in the housing market often ignore its crippling effects, as a cause of massive unemployment Professor Patrick Minford (top), Paul Ashton (centre) and Michael Peel, of the University of Liverpool's Department of Applied Economics, call for wholesale removal tof state-imposed rigidities in housing to increase the demand for labour, restore incentives, reduce distortions in the price of land and housing
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