Modern Theories of Unemployment

Mark Casson

Chapter 3 in Youth Unemployment, 1979, pp 30-47 from Palgrave Macmillan

Abstract: Abstract The 1970s have witnessed a revival of interest in the theory of unemployment. The prewar dogmas of the classical economists and the early postwar dogmas of the Keynesian school have been swept away. In their place is a growing body of literature which analyses unemployment by examining its microeconomic foundations.1

Keywords: Labour Market; Real Wage; Modern Theory; Wage Differential; Unemployment Benefit (search for similar items in EconPapers)
Date: 1979
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DOI: 10.1007/978-1-349-16120-1_3

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