Mon premier blog

Equilibrium Unemployment Theory. Christopher A. Pissarides

Equilibrium-Unemployment-Theory.pdf
ISBN: 9780262161879 | 272 pages | 7 Mb

• Equilibrium Unemployment Theory
• Christopher A. Pissarides
• Page: 272
• Format: pdf, ePub, fb2, mobi
• ISBN: 9780262161879
• Publisher: MIT Press

Ebook file download Equilibrium Unemployment Theory 9780262161879 PDB iBook by Christopher A. Pissarides

Overview

An equilibrium theory of unemployment assumes that firms and workers maximize their payoffs under rational expectations and that wages are determined to exploit the private gains from trade. 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.This approach to labor market equilibrium and unemployment has been successful in explaining the determinants of the "natural" rate of unemployment and new data on job and worker flows, in modeling the labor market in equilibrium business cycle and growth models, and in analyzing welfare policy. The second edition contains two new chapters, one on endogenous job destruction and one on search on the job and job-to-job quitting. The rest of the book has been extensively rewritten and, in several cases, simplified. The MIT Press Read More Show Less

Other ebooks:
Free ebooks download pocket pc A Mind of Your Own: What Women Can Do About Depression That Big Pharma Can't by Kelly, M.D. Brogan M.D. (English Edition) 9780062405579 ePub
Ebooks with audio free download Ultimate Spotlight: Firefighters (English literature) 9791027604272
Free books downloads pdf Grace: Thirty Years of Fashion at Vogue by Grace Coddington PDB RTF 9780714870595 (English literature)