Labour Market Adjustment: Microeconomic Foundations of Short-run Neoclassical and Keynesian Dynamics - Pissarides - Books - Cambridge University Press - 9780521106061 - April 2, 2009
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Pissarides
Labour Market Adjustment: Microeconomic Foundations of Short-run Neoclassical and Keynesian Dynamics

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The main purpose of this book is to develop a general theoretical framework within which it is possible to analyse the interaction of markets in disequilibrium. The analysis points to a short-run dynamic process which exhibits Keynesian features when involuntary unemployment coexists with frictional unemployment and Neoclassical features when involuntary unemployment falls to a very low level.

272 pages, black & white illustrations

Media Books     Paperback Book   (Book with soft cover and glued back)
Released April 2, 2009
ISBN13 9780521106061
Publishers Cambridge University Press
Pages 272
Dimensions 139 × 215 × 17 mm   ·   378 g
Language English  

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