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Equilibrium Unemployment Theory

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Originally published 1990
Authors Christopher A. Pissarides
Editors Christopher A. Pissarides
Date of Reg.
Date of Upd.
ID2380259
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About Equilibrium Unemployment Theory


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.

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