000 02284cam a22003974a 4500
001 BD-DhNSU-29233
003 NSUL-eBook
005 20231019124319.0
006 m\\\\\o\\d\\\\\\\\
007 cr||||||||nn|n
008 990721s2000 maua b 001 0 eng
010 _a99041746
020 _a0262161877 (alk. paper)
035 _a(DLC) 99041746
040 _aDLC
_cBD-DhNSU
_dBD-DhNSU
041 _aeng
050 0 0 _aHD5707.5
_b.P57 2000
082 0 0 _a331.133/7/01
_221
100 1 _aPissarides, Christopher A.
245 1 0 _aEquilibrium unemployment theory /
_cChristopher A. Pissarides.
250 _a2nd ed.
260 _aCambridge, Mass. :
_bMIT Press,
_cc2000.
300 _a1 online resource (xix, 252 p.)
336 _2rdacontent
_atext
_btxt
337 _2rdamedia
_acomputer
_bc
504 _aIncludes bibliographical references (p. [235]-245) and index.
520 _aAn equilibrium theory of unemployment assumes that firms and workers maximize their payoffs under rational expectations and that wages are determined to exploit the private gains from trade. 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.This approach to labor market equilibrium and unemployment has been successful in explaining the determinants of the "natural" rate of unemployment and new data on job and worker flows, in modeling the labor market in equilibrium business cycle and growth models, and in analyzing welfare policy. The second edition contains two new chapters, one on endogenous job destruction and one on search on the job and job-to-job quitting. The rest of the book has been extensively rewritten and, in several cases, simplified.
526 0 _aEconomics
590 _aMd. Abdul Hakim
590 _a Miron Khan
650 0 _aUnemployment
_xMathematical models.
650 0 _aEquilibrium (Economics)
655 7 _2local
_aElectronic books.
856 4 0 _zFull text available:
_3◉ login required
_uhttps://opac.northsouth.edu/cgi-bin/koha/opac-retrieve-file.pl?id=a55b1b1471ea97a6f6e777a267629a15
942 _2lcc
_cEBOOK
999 _c29233
_d29233