Equilibrium unemployment theory by Christopher A. Pissarides

Equilibrium unemployment theory

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Equilibrium unemployment theory Christopher A. Pissarides ebook
Publisher: MIT
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ISBN: 0262161877, 9780262161879
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Equilibrium Unemployment Theory, 2nd edition,. The v/u ratio plays a prominent role equilibrium unemployment theory; see Diamond, Mortensen and Pissarides. As the following diagram shows, labor-market-tightness is highly procyclical. In production are centre stage. (1996) “Unemployment Hysteresis - Macro Evidence from 16 OECD Countries” Empirical Economics 21: 589- 600. [41] Pissarides, Christopher A. [40] Pissarides, Christopher A. As long as the institutional parameters – λ, c and the tax rates – are constant, the mark-up factor depends positively on the probability of finding a job, a, and negatively on the probability of filling a vacancy, q. Obstfeld & K Rogoff, Foundations of International Macroeconomics, MIT Press, 2000; P Aghion & P Howitt, Endogenous Growth Theory, MIT Press 1998; C A Pissarides, Equilibrium Unemployment Theory, MIT Press 2000. (1990) Equilibrium Unemployment Theory, Oxford, Basil Blackwell. Finally, when it comes to labour market coordina- tion, we review different theories of imperfectly competitive labour markets. Equilibrium Unemployment Theory, second edition, Cambridge, MA: MIT Press, 2000 (reprinted 2007) Equilibrium Unemployment Theory, Oxford: Basil Blackwell, 1990.

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