The Conventionalist Approach in the Analysis of Unemployment

Alessandro Morselli

HISTORY OF ECONOMIC THOUGHT AND POLICY, 2024, vol. 2024/2, issue 2, 149-161

Abstract: The purpose of this paper is to show the contribution of the conventionalist approach to the analysis of unemployment. The role of labor evaluations is highlighted. This approach leads to very different economic policy positions than those developed by neoclassical theory. Emphasis will be placed on microeconomic aspects, but in order to act in a macroeconomic context, i.e. that of conventions. In contrast to a Keynesian analysis oriented more on the quantitative problems of labor market disequilibrium, the effort here will be to show the importance of qualitative issues.

JEL-codes: B21 B22 B41 E13 (search for similar items in EconPapers)
Date: 2024
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