Unemployment
Macroeconomic Performance and the Labour Market
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Product details:
- Publisher OUP Oxford
- Date of Publication 20 January 2005
- ISBN 9780199279166
- Binding Hardback
- No. of pages672 pages
- Size 241x166x42 mm
- Weight 1141 g
- Language English
- Illustrations numerous tables 0
Categories
Short description:
This broad survey of unemployment is a benchmark summary of the authors position which became hugely influential. This second edition brings the analysis up to date by relating it to recent empirical developments. This book is a major source of reference for both scholars and students.
MoreLong description:
This broad survey of unemployment will be a major source of reference for both scholars and students. It aims to provide a basis for better policy: showing how the lessons learned from experience and theory can be applied to greatly reduce the waste and misery of high unemployment.
The book surveys in a clear, concise manner the main aspects of the unemployment problem. It integrates macroeconomics with a detailed micro-analysis of the labour market. It uses the authors' model to explain the puzzling post-war history of OECD unemployment and shows how unemployment and inflation are affected by systems of wage bargaining and unemployment insurance. For each issue the authors' develop a relevant theory, followed by extensive empirical analysis.
The authors are established experts in the field, and this book gives their definitive treatment. Now revised to include an analysis of unemployment changes since 1991, it is clear the authors' original model has stood the test of time making this book a must read for any student studying economics at an advanced level.
Review from previous edition 'convincingly refutes the idea that countries have no choice but to live with high unemployment.'
Table of Contents:
Introduction to New Edition
Preface to First Edition
Overview
The Microfoundations
Wage-Bargaining and Unions
Efficiency Wages
Wage Behaviour: the Evidence
Job Search: the Duration of Unemployment
Mismatch: the Structure of Unemployment
The Pricing and Employment Behaviour of Firms
The Macroeconomic Outcome
The Macroeconomics of Unemployment
Explaining Post-war Unemployment in OECD Countries
Policy Implications
Policies to Cut Unemployment
Annexes
Discussion Questions
References
