1991•Southern Economic JournalRequires access

Equilibrium Unemployment Theory

Amar K. Parai, Christopher A. Pissarides

Open publisher page 3,292 citations

Abstract

Part 1 Unemployment in the model of balanced growth: the labour market long-run equilibrium and balanced growth adjustment dynamics. Part 2 further ananlysis of the labour market: search intensity and job advertising.

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What this paper is about

Part 1 Unemployment in the model of balanced growth: the labour market long-run equilibrium and balanced growth adjustment dynamics. Part 2 further ananlysis of the labour market: search intensity and job advertising.

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Available abstract

Part 1 Unemployment in the model of balanced growth: the labour market long-run equilibrium and balanced growth adjustment dynamics. Part 2 further ananlysis of the labour market: search intensity and job advertising.

Key concepts: Unemployment, Economics, Mathematical economics, Keynesian economics, Macroeconomics

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