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Pissarides, Christopher A.

Works: 243 works in 571 publications in 3 languages and 6,244 library holdings
Genres: Conference papers and proceedings 
Roles: Author, Editor, Other, Opponent, Contributor, Honoree
Classifications: HD5707.5, 331.110151
Publication Timeline
Publications about Christopher A Pissarides
Publications by Christopher A Pissarides
Most widely held works about Christopher A Pissarides
Most widely held works by Christopher A Pissarides
Equilibrium unemployment theory by Christopher A Pissarides( Book )
29 editions published between 1990 and 2012 in English and Polish and held by 754 libraries worldwide
Annotation An 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
Labour market adjustment : microeconomic foundations of short-run neoclassical and Keynesian dynamics by Christopher A Pissarides( Book )
19 editions published between 1976 and 2009 in English and Undetermined and held by 422 libraries worldwide
The main purpose of this book is to develop a general theoretical framework within which it is possible to analyse the interaction of markets in disequilibrium. It considers optimal firm and household behaviour in a dynamic sequence of the labour and commodity markets when there is imperfect information about wage offers and the supply price of labour. The study is mainly theoretical but several empirical phenomena are shown to have an important interpretation within the framework of the model. Models of individual behaviour dealt with in the book increase our understanding of the working of an economic system out of equilibrium by providing the foundation for such dynamic processes as the Keynesian multiplier and the Phillips curve. The analysis points to a short-run dynamic process which exhibits Keynesian features when involuntary unemployment coexists with frictional unemployment and Neoclassical features when involuntary unemployment falls to a very low level
Women at work : an economic perspective ( Book )
16 editions published between 2005 and 2007 in English and held by 317 libraries worldwide
Covering employment and wage gender gaps, participation of women, fertility, and the welfare of children, this insightful volume considers the trend towards greater particiption of women in labor markets. It addresses the trade-offs involved in increasing participation of women in paid employment, setting out a better informed policy debate about these issues, and paving the way to realistic targets and ways to achieve them
Job matching, wage dispersion, and unemployment by Dale Mortensen( Book )
12 editions published between 2011 and 2016 in English and Undetermined and held by 227 libraries worldwide
A selection of key papers from the winners of the Nobel Memorial Prize 2010. It features their most important work on unemployment, labour market dynamics, and the equilibrium search model
NBER International Seminar on Macroeconomics 2005 by National Bureau of Economic Research( Book )
14 editions published between 2005 and 2007 in English and Undetermined and held by 59 libraries worldwide
The NBER International Seminar on Macroeconomics brings together leading American and European economists to discuss a broad range of current issues in global macroeconomics. An international companion to the more American-focused NBER Macroeconomics Annual, the 2005 volume first explores macroeconomic issues of interest to all advanced economies, then analyzes topical questions concerning the eastward expansion of the European Monetary Union. Jeffrey A. Frankel is James W. Harpel Professor of Capital Formation and Economic Growth at Harvard University's John F. Kennedy School of Government. Christopher A. Pissarides is Professor of Economics at the London School of Economics. Both are Research Associates at the National Bureau of Economic Research
Human Capital and Growth A Synthesis Report by Christopher A Pissarides( file )
12 editions published in 2000 in English and held by 39 libraries worldwide
The main policy implication that emerges from this study is that subsidised education without at the same time provision for the creation of growth-enhancing jobs can be good for the individual but bad for growth (and presumably public finances). There is evidence of very high private returns to education, in the form of higher wages for degree holders, but also evidence that these returns are not always matched by social returns in the form of higher output. Governments need to ensure that educated men and women have incentives to work in occupations that contribute to social welfare. Admittedly, some of those occupations, such as the running of social services or the looking after of sick people, do not show up in growth statistics. But they are as valuable as those that do
NBER International Seminar on Macroeconomics 2008 by International Seminar on Macroeconomics( Book )
6 editions published in 2009 in English and held by 37 libraries worldwide
Trends in hours and economic growth by Liwa Rachel Ngai( file )
14 editions published between 2004 and 2007 in English and held by 33 libraries worldwide
We study long-run trends in market hours of work and employment shifts across economic sectors driven by uneven TFP growth in market and home production. We focus on the structural transformation between agriculture, manufacturing and services and on the marketization of home production. The model can rationalize the observed falling or Ushaped pattern for aggregate hours, the shift from agriculture to services and balanced aggregate growth. We find support for the model's predictions in long-run US data
Unemployment, consumption and growth by Charles R Bean( Book )
8 editions published in 1992 in English and Undetermined and held by 33 libraries worldwide
Consumption and savings with unemployment risk : implications for employment contracts by Christopher A Pissarides( Book )
13 editions published between 2001 and 2004 in English and held by 32 libraries worldwide
"This paper derives optimal employment contracts when workers are risk averse and there are employment and unemployment risks. Without income insurance, consumption rises during employment and falls during unemployment. Optimal employment contracts offer severance compensation and sometimes give notice before dismissal. Severance compensation smoothes consumption during employment but dismissal delays insure partially against the unemployment risk because of moral hazard. During the delay consumption falls to give incentives to the worker to search for another job. No dismissal delays are optimal if exogenous unemployment compensation is sufficiently generous"--Forschungsinstitut zur Zukunft der Arbeit web site
Looking into the black box : a survey of the matching function by B Petrongolo( Book )
9 editions published between 2000 and 2001 in English and held by 31 libraries worldwide
Trade and industrial location with heterogeneous labour by Mary Amiti( Book )
9 editions published in 2002 in English and held by 26 libraries worldwide
Scale effects in markets with search by B Petrongolo( Book )
12 editions published between 2002 and 2003 in English and held by 25 libraries worldwide
"Reduced-form tests of scale effects in markets with search, run when aggregate matching functions are estimated, may miss important scale effects at the micro level, because of the reactions of job searchers. A semi-structural model is developed and estimated on a British sample, testing for scale effects on the offer arrival rate and the wage offer distribution. When contrasting London with the rest of the country we find scale effects in wage offers. But the larger market delivers higher realized wages and not more matches, because the scale effects on matches are offset by the response of reservation wages"--London School of Economics web site
On vacancies by Richard Jackman( Book )
8 editions published between 1983 and 1984 in English and Undetermined and held by 24 libraries worldwide
New developments in models of search in the labour market by Dale Mortensen( Book )
6 editions published in 1999 in English and held by 24 libraries worldwide
Who are the unemployed? by Christopher A Pissarides( Book )
5 editions published in 1990 in English and Undetermined and held by 19 libraries worldwide
Taxes, subsidies and equilibrium labour market outcomes by Dale Mortensen( Book )
6 editions published in 2001 in English and held by 18 libraries worldwide
We explore the effects of taxes and subsidies on job creation, job destruction, employment and wages in the Mortensen-Pissarides version of the search and matching equilibrium framework. Qualitative analytical results show that wage and employment subsidies increase employment, especially of low skill workers, and also increase wages. A job creation or hiring subsidy reduces unemployment duration but increases incidence with an ambiguous effect on overall employment. A firing tax has the reverse effects but the same indeterminacy. In the special case of a competitive search equilibrium, in which search externalities are internalized, there is a first best configuration. The results are: no tax on the wage, an employment subsidy that offsets the distortions on the job destruction margin induced by unemployment compensation and employment protection policy, as well as a hiring subsidy equal to the implicit tax on severance imposed by any form of employment protection. The costs of these and other policies are financed by a non-distortionary consumption tax. Computational experiments confirm this ideal also determines the direction in which marginal improvements can be made both in terms of efficiency and in terms of improving low skill worker employment and wage outcomes
Trade and industrial location with heterogeneous labor by Mary Amiti( Book )
5 editions published in 2004 in English and held by 15 libraries worldwide
We show in the context of a new economic geography model that when labor is heterogenous trade liberalization may lead to industrial agglomeration and interregional trade. Labor heterogeneity gives local monopoly power to firms but also introduces variations in the quality of the job match. Matches are likely to be better when there are more firms and workers in the local market, giving rise to an agglomeration force that can offset the forces against trade costs and the erosion of monopoly power. We derive analytically a robust agglomeration equilibrium and illustrate its properties with numerical simulations
Unemployment in Britain : a European success story by Christopher A Pissarides( Book )
7 editions published in 2003 in English and held by 13 libraries worldwide
Unemployment in the United Kingdom has fallen from high European-style levels to US levels. I argue that the key reasons are the reform of monetary policy, in 1993 with the adoption of inflation targeting and in 1997 with the establishment of the independent Monetary Policy Committee, and second the decline of trade union power. I interpret the reform of monetary policy as an institutional change that reduced inflationary pressures in the face of falling unemployment. The decline of trade union power contributed to the control of wage inflation. The major continental economies failed to match UK performance because of institutional rigidities, despite low inflation expectations
The ins and outs of European unemployment by B Petrongolo( Book )
6 editions published in 2008 in English and held by 9 libraries worldwide
In this paper we study the contribution of inflows and outflows to the dynamics of unemployment in three European countries, the United Kingdom, France, and Spain. We compare performance in these three countries making use of both administrative and labor force survey data. We find that the impact of the 1980s reforms in Britain is evident in the contributions of the inflow and outflow rates. The inflow rate became a bigger contributor after the mid 1980s, although its significance subsided again in the late 1990s and 2000s. In France the dynamics of unemployment are driven virtually entirely by the outflow rate, which is consistent with a regime with strict employment protection legislation. In Spain, however, both rates contribute significantly to the dynamics, very likely as a consequence of the prominence of fixed-term contracts since the late 1980s
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Alternative Names
Christopher A. Pissarides
Christopher A. Pissarides britisk økonom
Christopher A. Pissarides Cypriot economist
Christopher Antoniou Pisarides
Christopher Antoniou Pissarides
Christopher Pissarides britisk økonom
Christopher Pissarides Brits econoom
Christopher Pissarides brittisk ekonom
Christopher Pissarides economista britannico
Christopher Pissarides zyprischer Wirtschaftswissenschaftler und Professor der Volkswirtschaft und Politik
Christophorus Pissarides
Pissarides, C.
Pissarides, C. 1948-
Pissarides, C. A.
Pissarides, C. A. 1948-
Pissarides, C. (Christopher)
Pissaridēs, Ch. 1948-
Pissaridēs, Ch. A. 1948-
Pissarides, Chris 1948-
Pissarides, Christopher.
Pissarides, Christopher 1948-
Pissarides, Christopher A.
Pissarides, Christopher A. 1948-
Pissarides, Christopher Antoniou
Pissarides, Christopher Antoniou 1948-
Pissaridēs, Christophoros 1948-
Pissaridēs, Christophoros Antōniu 1948-
Pissaridis, C. A. 1948-
Pissarídīs, Christóforos A. 1948-...
Pissaridīs, Christoforos Antōniou 1948-
Pissaridis, Christopher 1948-
Pissaridis, Christopher A. 1948-
Xristofor Pisserides
Πισσαρίδης Χριστόφορος Α. 1948-....
Χριστόφορος Πισσαρίδης
Кристофър Писаридис Кристофър Писаридис
Крыстафер Пісарыдэс
Крістофер Антоніо Піссарідес
Писсаридес, Кристофер
Քրիսթոֆեր Պիսարիդես
כריסטופר פיסרידס
كريستوفر بيساريدس
کریستوفر ای پیساریدیس اقتصاددان بریتانیایی
کریسٹوفر اے . پسارائیڈ
ক্রিস্টোফার এ. পিসারাইডস
კრისტოფერ პისარიდესი
크리스토퍼 피사리데스
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