Diagnosing Unemployment
Diagnosing Unemployment
£63.99
GBPIn 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.
- Well known continental author with experience of both theory and macroeconomic diagnosis
- Presents guidelines for the study of an ever-present issue
- All explanations and analyses are based on years of experience
Product details
April 1994Hardback
9780521445337
170 pages
216 × 140 × 14 mm
0.37kg
Available
Table of Contents
- Preface
- Prologue to the Federico Caffé Lectures 1990
- Introduction
- 1. Expert diagnosis
- 2. Analysis and forecasting: their respective roles in mastering our destinies
- 3. From statistics to projections
- 4. Diagnosing unemployment trends
- 5. The Beveridge curve
- 6. Real wages and unemployment - a decade of analysis
- 7. Profitability and factor demand under uncertainty.
