This broad survey of unemployment is a benchmark summary of the authors position which became hugely influential. This second edition brings the analysis up to date by relating it to recent empirical developments. This book is a major source of reference for both scholars and students.
Introduction to New Edition Preface to First Edition 1. Overview The Microfoundations 2. Wage-Bargaining and Unions 3. Efficiency Wages 4. Wage Behaviour: the Evidence 5. Job Search: the Duration of Unemployment 6. Mismatch: the Structure of Unemployment 7. The Pricing and Employment Behaviour of Firms The Macroeconomic Outcome 8. The Macroeconomics of Unemployment 9. Explaining Post-war Unemployment in OECD Countries Policy Implications 10. Policies to Cut Unemployment Annexes Discussion Questions References
Richard Layardis Emeritus Professor of Economics and Co-Director of the Centre for Economic Performance at the London School of Economics. Stephen Nickellis Professor of Economics at the London School of Economics.Richard Jackmanis Professor of Economics at the London School of Economics.