Labour Market Adjustment : Microeconomic Foundations of Short-run Neoclassical and Keynesian Dynamics
by
Pissarides
Book Details
Format
Paperback / Softback
ISBN-10
0521106060
ISBN-13
9780521106061
Publisher
Cambridge University Press
Imprint
Cambridge University Press
Country of Manufacture
GB
Country of Publication
GB
Publication Date
Apr 2nd, 2009
Print length
272 Pages
Weight
378 grams
Dimensions
21.50 x 13.90 x 1.70 cms
Product Classification:
Labour economics
AI Summary
Ksh 8,800.00
Manufactured on Demand
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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. 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.
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