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Theory Ahead of Language in the Economics of Unemployment

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  • Richard Rogerson

Abstract

This paper discusses, from the perspective of modern theories of unemployment, several unemployment concepts that have been used over the years. It argues that many of these concepts are of limited value and are dominated by a few simple concepts that are basic in the analysis of stochastic general equilibrium models.

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File URL: http://www.aeaweb.org/articles.php?doi=10.1257/jep.11.1.73
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Bibliographic Info

Article provided by American Economic Association in its journal Journal of Economic Perspectives.

Volume (Year): 11 (1997)
Issue (Month): 1 (Winter)
Pages: 73-92

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Handle: RePEc:aea:jecper:v:11:y:1997:i:1:p:73-92

Note: DOI: 10.1257/jep.11.1.73
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Blog mentions

As found by EconAcademics.org, the blog aggregator for Economics research:
  1. The Unemployment Cost of Below-Target Inflation
    by noreply@blogger.com (Carola Binder) in Quantitative Ease on 2014-07-08 15:18:00
  2. 'The Unemployment Cost of Below-Target Inflation'
    by Mark Thoma in Economist's View on 2014-07-08 13:46:34
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