Description
Unemployment
An Economic Analysis
Routledge Library Editions: Employment and Unemployment Series
Author: Knight K. G.
Language: EnglishSubject for Unemployment:
Keywords
Re-employment Probability; Natural Rate; Economic Analysis; Hiring Standard; Macroeconomics; Modern Classical Economists; Labor Economics; Real Wages; Vacancies; Outflow Probability; Unemployment; Lm Curve; Acceptance Probability; Reservation Wage; Non-market Clearing; Real Wage Equation; Excess Supply; Inflow Rate; Money Wages; Long Run Coefficients; Market Clearing; Unemployment Spell; Vice Versa; Labour Demand Curve; Excess Demand; Effective Demand Curve; Outflow Rate; Imported Input Prices; Real Wage Elasticity; EEC Country
Publication date: 08-2020
· 13.8x21.6 cm · Paperback
Publication date: 12-2018
· 13.8x21.6 cm · Hardback
Description
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First published in 1987. Unemployment is currently the major economic concern in developed economies. This book provides a comprehensive analysis of the economics of unemployment. It concentrates on theories of the labour market and examines the critical inter-relationships with the rest of the economy. It provides a thorough evaluation of theory and extensive consideration of the relevant empirical evidence. It emphasises the multi-causal nature of unemployment and concludes that policy-makers should respond with a multi-faceted mix of policies.
Table of Contents; Acknowledgements; 1. Unemployment – Costs and Measurement 2. Stocks, Flows, Duration and the Incidence of Unemployment 3. Search, Unemployment and Unfilled Vacancies 4. Macroeconomics of Unemployment – The Classical Approach 5. Macroeconomics of Unemployment – The Non-Market Clearing Approach 6. Non-Natural Unemployment – Empirical Evidence 7. The Natural Rate of Unemployment: The Supply Side 8. The Natural Rate of Unemployment: The Demand Side 9. Unemployment – Policy and Prospects; Bibliography; Index