Equilibrium Unemployment Theory

By Christopher A. Pissarides

Subjects: Équilibre (Économie politique), BUSINESS & ECONOMICS, Labor, Equilibrium (Economics), Mathematical models, Economisch evenwicht, Evenwichtsmodellen (Economie), Unemployment, Chômage, Werkloosheid, Modèles mathématiques

Description: 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. ([source][1]) [1]: https://mitpress.mit.edu/books/equilibrium-unemployment-theory-second-edition