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Books > Business & Economics > Economics > Macroeconomics
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Unemployment - Macroeconomic Performance and the Labour Market (Hardcover, Revised)
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Unemployment - Macroeconomic Performance and the Labour Market (Hardcover, Revised)
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This broad survey of unemployment will be a major source of
reference for both scholars and students. It aims to provide a
basis for better policy: showing how the lessons learned from
experience and theory can be applied to greatly reduce the waste
and misery of high unemployment. The book surveys in a clear,
concise manner the main aspects of the unemployment problem. It
integrates macroeconomics with a detailed micro-analysis of the
labour market. It uses the authors' model to explain the puzzling
post-war history of OECD unemployment and shows how unemployment
and inflation are affected by systems of wage bargaining and
unemployment insurance. For each issue the authors' develop a
relevant theory, followed by extensive empirical analysis. The
authors are established experts in the field, and this book gives
their definitive treatment. Now revised to include an analysis of
unemployment changes since 1991, it is clear the authors' original
model has stood the test of time making this book a must read for
any student studying economics at an advanced level.
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