Unemployment and macroeconomics

Unemployment and macroeconomics /

Assar Lindbeck demonstrates how macroeconomic analysis can incorporate a labor market characterized by unemployment. Balancing theoretical insights with lessons drawn from the experience of many countries, Lindbeck examines employment and unemployment against the background of developed market econo...

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Bibliographic Details
Main Author: Lindbeck, Assar
Format: Book
Language:English
Published: Cambridge, Mass. : The MIT Press, ©1993.
Series:Ohlin lectures ; 3.
Subjects:
Unemployment.
Employment (Economic theory)
Macroeconomics.
Microeconomics.
Economic policy.
Full employment policies.
Business cycles.
Employment
Unemployment
Chômage.
Emploi.
Macroéconomie.
Microéconomie.
Politique économique.
Plein emploi.
Cycles économiques.
employing.
unemployment.
Données statistiques.
Doctrines économiques.
Werkgelegenheidsbeleid.
Politique de l'emploi.
Microéconomie.
Chômage.
Macroéconomie.
Table of Contents:
  • 1. Introduction
  • 2. The Empirical Picture
  • 3. Existence of Unemployment. Alternative Micro-Based Theories of Unemployment. The Insider-Outsider Theory. Relations between Theories. The Involuntariness of Unemployment
  • 4. The Macroeconomic Framework
  • 5. Supply Shocks
  • 6. Demand Shocks. Movements along a Downward-Sloping Labor Demand Relation. Movements along a Horizontal or Upward-Sloping Labor Demand Relation. Shifts of the Labor Demand Relation
  • 7. Mechanisms of Unemployment Persistence
  • 8. What Have We Learned? Answers to the Questions. Country Experiences. General Policy Implications. Power-Reducing and Enfranchising Policies. Other Institutional Reforms
  • Appendix A: Derivation of the Labor Demand Relation
  • Appendix B: Price and Wage Dynamics
  • Appendix C: Alternative Representation of the LD-WS Model
  • Appendix D: Wage-Phillips Curves for the United States, United Kingdom, and Sweden.

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