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Understanding unemployment

Author: Lawrence H Summers
Publisher: Cambridge, Mass. : MIT Press, ©1990.
Edition/Format:   Book : EnglishView all editions and formats
Database:WorldCat
Summary:
This book contains a number of articles that have changed the way economists think about unemployment. THese examine the burden of unemployment, the extent to which normal measures understate its consequences, its relationship to supply and demand factors, and the role of unions. Substantial introductory and concluding chapters present new and original material on the crucial facts that any theory of unemployment  Read more...
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Material Type: Internet resource
Document Type: Book, Internet Resource
All Authors / Contributors: Lawrence H Summers
ISBN: 0262192659 9780262192651
OCLC Number: 15487448
Description: xxiv, 360 pages : illustrations ; 24 cm
Contents: Labor market dynamics and unemployment : a reconsideration / Lawrence H. Summers and Kim B. Clark --
The dynamics of youth unemployment / Lawrence H. Summers and Kim B. Clark --
Reporting errors and labor market dynamics / Lawrence H. Summers and James M. Poterba --
Demographic differences in cyclical employment variation / Lawrence H. Summers and Kim B. Clark --
Labor force participation : timing and persistence / Lawrence H. Summers and Kim B. Clark --
Intertemporal substitution in macroeconomics / Lawrence H. Summers, N. Gregory Mankiw and Julio J. Rotemberg --
Unemployment insurance and labor market transitions / Lawrence H. Summers and Kim B. Clark --
Hysteresis and the European unemployment problem / Lawrence H. Summers and Olivier J. Blanchard --
Why is the unemployment rate so very high near full employment? / Lawrence H. Summers. Beyond the natural rate hypothesis / Lawrence H. Summers and Olivier J. Blanchard.
Responsibility: Lawrence H. Summers.

Abstract:

This book contains a number of articles that have changed the way economists think about unemployment. THese examine the burden of unemployment, the extent to which normal measures understate its consequences, its relationship to supply and demand factors, and the role of unions. Substantial introductory and concluding chapters present new and original material on the crucial facts that any theory of unemployment must grapple with, and the types of theories needed to accommodate the empirical facts of today's unemployment.

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