Equilibrium Unemployment Theory

by Christopher A. Pissarides

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.
--mitpress.mit.edu

Genres: Economics, Textbooks, Nonfiction

252 pages, Hardcover

First published January 1, 1990

Reviews

[Daniele · Rating 5 out of 5]

Very good book for anyone who wants to learn labor macro tools. Written and structured to be a great pedagogical tool.

[S · Rating 5 out of 5]

You cannot rate this kind of book. It's a great resource for doing theoretical research in labor but it's not a light read and I would not recommend it for anyone who's not a PhD student or a researcher. However, if you are then this book is invaluable.

A side note: Obviously I have not read this from cover to cover but used it enough.

[Wendelle]

the brilliant book that led to the Nobel. browsed for pertinent information