Arbeitspapier
Cyclical unemployment, structural unemployment
Whenever unemployment stays high for an extended period, it is common to see analyses, statements, and rebuttals about the extent to which the high unemployment is structural, not cyclical. This essay views the Beveridge curve pattern of unemployment and vacancy rates and the related matching function as proxies for the functioning of the labor market and explores issues in that proxy relationship that complicate such analyses. Also discussed is the concept of mismatch.
- Language
-
Englisch
- Bibliographic citation
-
Series: Working Papers ; No. 13-5
- Classification
-
Wirtschaft
Employment; Unemployment; Wages; Intergenerational Income Distribution; Aggregate Human Capital; Aggregate Labor Productivity
Business Fluctuations; Cycles
Labor Demand
- Subject
-
Konjunkturelle Arbeitslosigkeit
Strukturelle Arbeitslosigkeit
Beveridge-Kurve
Arbeitsmarkt
Matching
Theorie
USA
- Event
-
Geistige Schöpfung
- (who)
-
Diamond, Peter
- Event
-
Veröffentlichung
- (who)
-
Federal Reserve Bank of Boston
- (where)
-
Boston, MA
- (when)
-
2013
- Handle
- Last update
-
10.03.2025, 11:42 AM CET
Data provider
This object is provided by:
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ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. If you have any questions about the object, please contact the data provider.
Object type
- Arbeitspapier
Associated
- Diamond, Peter
- Federal Reserve Bank of Boston
Time of origin
- 2013
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