Chapter 18. Unemployment

  1. Joyce P. Jacobsen and
  2. Gilbert L. Skillman

Published Online: 14 JAN 2008

DOI: 10.1002/9780470755587.ch19

Labor Markets and Employment Relationships: A Comprehensive Approach

Labor Markets and Employment Relationships: A Comprehensive Approach

How to Cite

Jacobsen, J. P. and Skillman, G. L. (eds) (2008) Unemployment, in Labor Markets and Employment Relationships: A Comprehensive Approach, Blackwell Publishing Ltd, Malden, MA, USA. doi: 10.1002/9780470755587.ch19

Publication History

  1. Published Online: 14 JAN 2008
  2. Published Print: 1 JAN 2004

ISBN Information

Print ISBN: 9780631208365

Online ISBN: 9780470755587

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Keywords:

  • unemployment;
  • demographic groups;
  • perfectly competitive model;
  • wage distribution model;
  • mobility cost model

Summary

This chapter contains section titled:

  • UNEMPLOYMENT CONCEPTS AND MEASURES What is unemployment?

  • How is unemployment measured?

  • When is unemployment involuntary?

  • KEY EMPIRICAL FEATURES OF UNEMPLOYMENT

  • Incidence of unemployment over time

  • Incidence across countries

  • Incidence across demographic groups

  • EMPLOYMENT CATEGORIES IN THE PERFECTLY COMPETITIVE MODEL

  • SEARCH COSTS AND UNEMPLOYMENT

  • The mobility cost model

  • The wage distribution model

  • Assessing alternative explanations for job search

  • IMPERFECT CONTRACTING AND UNEMPLOYMENT

  • Are nominal wages inflexible?

  • Price vs. quantity adjustments

  • Implicit contracts and wage rigidity

  • Other sources of wage inflexibility

  • THE ROLE OF GOVERNMENT