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Unemployment:
Macroeconomic Performance and the Labour Market
Richard Layard, Stephen Nickell and Richard Jackman
£27.99
Book: Paperback | 234mm x 156mm
| 672 pages | ISBN 0199279179 | 20 Jan 2005 | Oxford University Press
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This broad survey of unemployment will be a major source of reference for both scholars and students. It aims to provide a basis for better policy: showing how the lessons learned from experience and theory can be applied to greatly reduce the waste and misery of high unemployment.
The book surveys in a clear, concise manner the main aspects of the unemployment problem. It integrates macroeconomics with a detailed micro-analysis of the labor market. It uses the authors' model to explain the puzzling post-war history of OECD unemployment and shows how unemployment and inflation are affected by systems of wage bargaining and unemployment insurance. For each issue the authors' develop a relevant theory, followed by extensive empirical analysis.
The authors are established experts in the field, and this book gives their definitive treatment. Now revised to include an analysis of unemployment changes since 1991, it is clear the authors' original model has stood the test of time making this book a must read for any student studying economics at an advanced level.
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Contents:
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Introduction to New Edition
Preface to First Edition
01 Overview
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The Microfoundations
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02 Wage-Bargaining and Unions
03 Efficiency Wages
04 Wage Behaviour: the Evidence
05 Job Search: the Duration of Unemployment
06 Mismatch: the Structure of Unemployment
07 The Pricing and Employment Behaviour of Firms
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The Macroeconomic Outcome
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08 The Macroeconomics of Unemployment
09 Explaining Post-war Unemployment in OECD Countries
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Policy Implications
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10 Policies to Cut Unemployment
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End Matter
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Annexes
Discussion Questions
References
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For further information please contact
Helen Durrant, Publications Administrator, CEP, Tel: +44 (0)20 7955 7395, Email: h.durrant@lse.ac.uk
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