Unemployment - Structural

Assar Lindbeck

Working Papers from Stockholm - International Economic Studies

Abstract: Structural unemployment differs from cyclical unemployment by not disappearing in cyclical booms. In economic theory, structural unemployment is usually analyzed in terms of the concept of equilibrium unemployment (the "natura unemployment rate" in Friedman's terminology). The paper pinpoints various factors that influence the level of structural unemployment, which differs in time and place.

Keywords: UNEMPLOYMENT; BUSINESS CYCLES (search for similar items in EconPapers)
JEL-codes: E32 J64 (search for similar items in EconPapers)
Pages: 14 pages
Date: 1999
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