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Diagnosing Unemployment

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  • Malinvaud,Edmond
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    Abstract

    In this collection of essays. Edmond Malinvaud aims at explaining what he learned as a government statistician, particularly with respect to the unemployment problems of the last two decades. The government expert must forecast for diagnosing spontaneous trends or assessing the likely impact of public decisions. Such forecasts rely on a more or less intensive analysis. To understand the main distinction between frictional and disequilibrium unemployment requires a more rigorous conceptual apparatus than is often acknowledged; this leads to a properly defined Beveridge curve playing the major role. The most vexing issue concerns the effect of real wages on the medium term trend of labour demand; it cannot be well grasped without a good understanding of investment, for which the author presents his reference model.

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    Bibliographic Info

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    This book is provided by Cambridge University Press in its series Cambridge Books with number 9780521445337 and published in 1994.

    Order: http://www.cambridge.org/uk/catalogue/catalogue.asp?isbn=9780521445337
    Handle: RePEc:cup:cbooks:9780521445337

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    Web page: http://www.cambridge.org

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    Cited by:
    1. Hian Teck Hoon & Edmund S. Phelps, 2005. "A Structuralist Model of the Small Open Economy in the Short, Medium and Long Run," Macroeconomics Working Papers 22436, East Asian Bureau of Economic Research.
    2. Lars Ljungqvist & Thomas J. Sargent, 1995. "The European unemployment dilemma," Working Paper Series, Macroeconomic Issues 95-17, Federal Reserve Bank of Chicago.

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