Cyclical unemployment, structural unemployment

Peter A. Diamond

Whenever unemployment stays high for an extended period, it is common to see analyses, statements, and rebuttals about the extent to which the high unemployment is structural, not cyclical. This essay views the Beveridge Curve pattern of unemployment and vacancy rates and the related matching function as proxies for the functioning of the labor market and explores issues in that proxy relationship that complicate such analyses. Also discussed is the concept of mismatch.

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Year of publication:	2013
Authors:	Diamond, Peter A.
Publisher:	München : CESifo
Subject:	Konjunkturelle Arbeitslosigkeit \| Cyclical unemployment \| Strukturelle Arbeitslosigkeit \| Structural unemployment \| Beveridge-Kurve \| Beveridge curve \| Arbeitsmarkt \| Labour market \| Matching \| Theorie \| Theory \| USA \| United States \| 1990-2012

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Extent:	Online-Ressource graph. Darst.
Series:	CESifo working papers. - München : [Verlag nicht ermittelbar], ISSN 2364-1428, ZDB-ID 2065232-X. - Vol. 4130
Type of publication:	Book / Working Paper
Type of publication (narrower categories):	Arbeitspapier ; Working Paper ; Graue Literatur ; Non-commercial literature
Language:	English
Notes:	Systemvoraussetzungen: Acrobat Reader
Other identifiers:	hdl:10419/69999 [Handle]
Classification:	E60 - Macroeconomic Policy Formation, Macroeconomic Aspects of Public Finance, Macroeconomic Policy, and General Outlook. General ; E24 - Employment; Unemployment; Wages ; E32 - Business Fluctuations; Cycles ; J23 - Employment Determination; Job Creation; Demand for Labor; Self-Employment
Source:	ECONIS - Online Catalogue of the ZBW

Persistent link: https://www.econbiz.de/10009707552