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Why is the Unemployment Rate So Very High near Full Employment

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Author Info
Lawrence H. Summers (Harvard University)

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Abstract

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File URL: http://www.brookings.edu/press/Journals/2007/brookingspapersoneconomicactivity12007.aspx
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Article provided by Economic Studies Program, The Brookings Institution in its journal Brookings Papers on Economic Activity.

Volume (Year): 17 (1986)
Issue (Month): 1986-2 ()
Pages: 339-396
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Handle: RePEc:bin:bpeajo:v:17:y:1986:i:1986-2:p:339-396

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Keywords: macroeconomics; unemployment; full employment;

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  1. Andrew Figura, 2003. "The effect of restructuring on unemployment," Finance and Economics Discussion Series 2003-56, Board of Governors of the Federal Reserve System (U.S.). [Downloadable!]
  2. Christopher J. O'Leary & Robert A. Straits, 2000. "Intergovernmental Relations and Employment Policy: The United States Experience," Staff Working Papers 00-60, W.E. Upjohn Institute for Employment Research. [Downloadable!] (restricted)
  3. Alan S. Blinder, 1988. "The Challenge of High Unemployment," NBER Working Papers 2489, National Bureau of Economic Research, Inc. [Downloadable!] (restricted)
    Other versions:
  4. Richard Barwell, . "Age structure and the UK unemployment rate," Bank of England working papers 124, Bank of England. [Downloadable!]
  5. Mary C. Daly & Osborne Jackson & Robert G. Valletta, 2007. "Educational attainment, unemployment, and wage inflation," Economic Review, Federal Reserve Bank of San Francisco, pages 49-61. [Downloadable!]
  6. Carola Pessino & Luis Andrés, 2000. "La Dinámica Laboral en el Gran Buenos Aires y sus implicaciones para la Política Laboral y Social," CEMA Working Papers: Serie Documentos de Trabajo. 173, Universidad del CEMA. [Downloadable!]
  7. Elhorst, J. Paul, 2000. "The Mystery Of Regional Unemployment Differentialsa Survey Of Theoretical And Empirical Explanations," ERSA conference papers ersa00p60, European Regional Science Association. [Downloadable!]
    Other versions:
  8. Manfred Keil & Louis Pantuosco, 1998. "Canadian and US Unemployment Rates: A Comparison Based on Regional Data," Canadian Public Policy, University of Toronto Press, vol. 24(s1), pages 38-55, February. [Downloadable!] (restricted)
  9. Michael H. Riordan & Robert W. Staiger, 1988. "Sectoral Shocks and Structural Unemployment," NBER Working Papers 2522, National Bureau of Economic Research, Inc. [Downloadable!] (restricted)
    Other versions:
  10. Laurence Ball & N. Gregory Mankiw, 2002. "The NAIRU in Theory and Practice," Journal of Economic Perspectives, American Economic Association, vol. 16(4), pages 115-136, Fall. [Downloadable!] (restricted)
    Other versions:
  11. Arabinda Basistha & Richard Startz, 2005. "Measuring the NAIRU with Reduced Uncertainty: A Multiple Indicator-Common Component Approach," Computing in Economics and Finance 2005 46, Society for Computational Economics. [Downloadable!]
    Other versions:
  12. Timothy Bartik, 1993. "Who Benefits from Local Job Growth: Migrants or the Original Residents?," Regional Studies, Taylor and Francis Journals, vol. 27(4), pages 297-311, January. [Downloadable!] (restricted)
  13. L. Buron & R. Haveman & O. O'Donnell, . "Recent trends in U.S. male work and wage patterns: An overview," Institute for Research on Poverty Discussion Papers 1060-95, University of Wisconsin Institute for Research on Poverty. [Downloadable!]
  14. John F. Helliwell, 1998. "The Unemployment Gap: Results, New Questions, and Policy Implications," Canadian Public Policy, University of Toronto Press, vol. 24(s1), pages 264-270, February. [Downloadable!] (restricted)
  15. Lawrence Katz & Alan Krueger, 1999. "The High-pressure U.S. Labor Market of the 1990s," Working Papers 795, Princeton University, Department of Economics, Industrial Relations Section.. [Downloadable!]
    Other versions:
  16. repec:fth:prinin:416 is not listed on IDEAS
  17. Erixon, Lennart, 2000. "A Swedish Economic Policy - The Theory, Application and Validity of the Rehn-Meidner Model," Research Papers in Economics 2000:13, Stockholm University, Department of Economics. [Downloadable!]
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