Equilibrium unemployment theory /

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Bibliographic Details
Author / Creator:Pissarides, Christopher A.
Edition:2nd ed.
Imprint:Cambridge, Mass. : MIT Press, c2000.
Description:xix, 252 p. : ill. ; 24 cm.
Language:English
Subject:
Format: Print Book
URL for this record:http://pi.lib.uchicago.edu/1001/cat/bib/4254992
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ISBN:0262161877 (alk. paper)
Notes:Includes bibliographical references (p. [235]-245) and index.
Table of Contents:
  • 1. The Labor Market. 1.1. Trade in the Labor Market. 1.2. Job Creation. 1.3. Workers. 1.4. Wage Determination. 1.5. Steady-State Equilibrium. 1.6. Capital. 1.7. Out-of-Steady-State Dynamics
  • 2. Endogenous Job Destruction. 2.1. Productivity Shocks and Reservation Rules. 2.2. Steady-State Equilibrium. 2.3. Unemployment, Job Creation, and Job Destruction. 2.4. Capital. 2.5. Out-of-Steady-State Dynamics
  • 3. Long-Run Equilibrium and Balanced Growth. 3.1. Large Firms. 3.2. Unemployment Income. 3.3. Technological Progress: The Capitalization Effect. 3.4. Endogenous Capital and Interest. 3.5. Creative Job Destruction
  • 4. Labor Turnover and On-the-Job Search. 4.1. Exogenous Labor Turnover. 4.2. Search on the Job. 4.3. Equilibrium. 4.4. The Implications of On-the-Job Search of Equilibrium. 4.5. The Implications of Higher Labor Productivity
  • 5. Search Intensity and Job Advertising. 5.1. The Matching Technology with Variable Intensity. 5.2. The Choice of Search Intensity. 5.3. The Choice of Job Advertising. 5.4. Equilibrium. 5.5. Unemployment and Search Intensity
  • 6. Stochastic Job Matchings. 6.1. Job Matching. 6.2. The Choice of Reservation Wage. 6.3. The Choice of Hiring Standards. 6.4. Wage Determination. 6.5. Equilibrium. 6.6. Unemployment and Vacancies with Stochastic Job Matchings
  • 7. Labor Force Participation and Hours of Work. 7.1. Labor Force Participation. 7.2. The Discouraged- and Added-Worker Effects. 7.3. Hours of Work
  • 8. Efficiency. 8.1. Job Creation. 8.2. Job Destruction. 8.3. Search Intensity and Job Advertising. 8.4. Stochastic Job Matchings. 8.5. Labor-Force Participation. 8.6. Three Questions about Efficiency
  • 9. The Role of Policy. 9.1. Policy Instruments. 9.2. Wage Determination. 9.3. Equilibrium with Policy. 9.4. Job Destruction. 9.5. Search Intensity. 9.6. Stochastic Job Matchings. 9.7. Compensating Policy Changes. 9.8. Search Externalities and Policy. 9.9. An Alternative Approach to the Design of Policy.