Unemployment in open economies : a search theoretic analysis /
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| Main Author: | |
|---|---|
| Format: | Book |
| Language: | English |
| Published: |
Berlin ; New York :
Springer,
©2001.
|
| Series: | Lecture notes in economics and mathematical systems
496. |
| Subjects: |
Table of Contents:
- 1. Introduction
- 2. Stylised Facts. 2.1. Matching on the Labour Market and Unemployment. 2.2. Trade and the Terms of Trade
- 3. A Two-Sector Search Model of an Open Economy without Capital. 3.1. The Reference Model of Risk-Neutral Individuals. 3.2. International Trade and Exchange Rate Shocks in the Medium Run. 3.3. The Evolution to the New Equilibrium - The Adjustment Process. 3.4. The Economy with Risk-Neutral Individuals and Individual Bargaining. 3.5. Appendix A
- 4. The Generalised Model: An Open Economy with Risk-Averse Individuals. 4.1. Individual Bargaining with Risk-Averse Individuals. 4.2. The Effects of a Terms-of-Trade Shock on an Economy with Risk-Averse Individuals. 4.3. The Economy with Risk-Averse Individuals and Individual Bargaining. 4.4. Appendix B
- 5. An Open Economy with Industry-Level Bargaining. 5.1. Trade Unions in Economic Models. 5.2. Wages under Collective Bargaining. 5.3. Trade Unions in an Open Economy.
- 5.4. The Economy with Risk-Neutral Individuals and Collective Bargaining. 5.5. An Illustrative Numerical Example of Risk Neutrality, Risk Aversion, and Collective Bargaining. 5.6. Appendix C
- 6. A Simple Matching Model of a One-Sector Economy with Capital Accumulation. 6.1. The Individual's and Firm's Decision Problem. 6.2. The Equilibrium with Capital Accumulation - The Long-Run Perspective. 6.3. Appendix D: The Wage Agreement
- 7. Summary.