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Equilibrium Unemployment Theory

Second Edition

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This book focuses on the modeling of the transitions in and out of unemployment, given the stochastic processes that break up jobs and lead to the formation of new jobs, and on the implications of this approach for macroeconomic equilibrium and for the efficiency of the labor market.--mitpress.mit.edu

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Equilibrium Unemployment Theory, Christopher A. Pissarides

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Released
2000
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(Hardcover)
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Title
Equilibrium Unemployment Theory
Subtitle
Second Edition
Language
English
Publisher
MIT Press
Released
2000
Format
Hardcover
Pages
252
ISBN10
0262161877
ISBN13
9780262161879
Series
Rating
4.5 out of 5
Description
This book focuses on the modeling of the transitions in and out of unemployment, given the stochastic processes that break up jobs and lead to the formation of new jobs, and on the implications of this approach for macroeconomic equilibrium and for the efficiency of the labor market.--mitpress.mit.edu