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Cover of Equilibrium Unemployment Theory

Equilibrium unemployment theory

By Christopher A. Pissarides

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Publish Date

1990

Publisher

Basil Blackwell

Language

eng

Pages

272

Description:

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. ([source][1]) [1]: https://mitpress.mit.edu/books/equilibrium-unemployment-theory-second-edition