perspective on psychology and economics, social norms and macroeconomics, the nature of unemployment, unemployment and inflation …Andrew E. Clark and Andrew J. Oswald (1994), 'Unhappiness and Unemployment', Economic Journal, 104 (424), May, 648 … and Unemployment', Quarterly Journal of Economics, CV (2), May, 255-83 -- Truman F. Bewley (1995), 'A Depressed Labor …

the long-run relationship between unemployment and growth. The rate of productivity growth is either specified exogenously … rate may raise the rate of efficiency-wage unemployment, and a once-for-all rise in the labor force may reduce the … unemployment rate in the endogenous-growth case …