Unemployment: Macro and Micro-economic ExplanationsLars Matthiessen, Steinar Strøm |
Contents
Introduction | 1 |
Keynesian and Classical Unemployment in an Open Economy Erling | 19 |
The Effects of Tariffs and Real Wages on Employment in a Barro | 39 |
Copyright | |
8 other sections not shown
Other editions - View all
Unemployment: Macro and Micro-Economic Explanations Lars Matthiessen,Steinar Strom Limited preview - 1981 |
Unemployment: Macro and Micro-Economic Explanations Lars Matthiessen,Steinar Strom No preview available - 1981 |
Common terms and phrases
adjustment aggregate demand analysis analyzed assume assumption average balance of trade behavior capital classical unemployment coefficient comparative static constant constraints costs countries decrease demand for labor disequilibrium distribution domestic dummy Economic effective demand endogenous equation equilibrium estimated excess demand exogenous expected exports firms fix-price fixed exchange rate flexible exchange rates implies income industries international element inventories Keynesian unemployment labor market labor productivity labor supply layoffs macroeconomic ment N₁ negative nomic nontradables OECD optimal output p₁ period Phillips curve ployment rate of change rate of growth rate of unemployment rationing real wage regimes relative price reservation wage schooling interruption sector stock-out structural component submarkets supply of labor Table tariff tax evasion theory tion tradables Umeå underconsumption unem unemployed unemployment insurance vacancies variables wage increases wage rate wages and prices Walrasian equilibrium