First published in 1987. Unemployment is currently the major economic concern in developed economies. This book provides a comprehensive analysis of the economics of unemployment. It concentrates on theories of the labour market and examines the critical inter-relationships with the rest of the economy. It provides a thorough evaluation of theory and extensive consideration of the relevant empirical evidence. It emphasises the multi-causal nature of unemployment and concludes that policy-makers should respond with a multi-faceted mix of policies.
Table of Contents; Acknowledgements; 1. Unemployment – Costs and Measurement 2. Stocks, Flows, Duration and the Incidence of Unemployment 3. Search, Unemployment and Unfilled Vacancies 4. Macroeconomics of Unemployment – The Classical Approach 5. Macroeconomics of Unemployment – The Non-Market Clearing Approach 6. Non-Natural Unemployment – Empirical Evidence 7. The Natural Rate of Unemployment: The Supply Side 8. The Natural Rate of Unemployment: The Demand Side 9. Unemployment – Policy and Prospects; Bibliography; Index
The volumes in this set, originally published between 1969 and 1995, draw together research by leading academics in the area of employment and provide a rigorous examination of related key issues. The volumes examine industrialisation, full employment, and unemployment and inequality from various perspectives. This set will be of particular interest to students of Economics and Business Studies.