Theory Ahead of Language in the Economics of Unemployment

Richard Rogerson

Journal of Economic Perspectives, 1997, vol. 11, issue 1, 73-92

Abstract: This paper discusses, from the perspective of modern theories of unemployment, several unemployment concepts that have been used over the years. It argues that many of these concepts are of limited value and are dominated by a few simple concepts that are basic in the analysis of stochastic general equilibrium models.

JEL-codes: E24 (search for similar items in EconPapers)
Date: 1997
Note: DOI: 10.1257/jep.11.1.73
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Citations: View citations in EconPapers (50)

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