Cyclical Unemployment Structural Unemployment

dc.contributor.author	Diamond, Peter
dc.date.accessioned	2013-03-09T00:32:07Z
dc.date.available	2013-03-09T00:32:07Z
dc.date.issued	2013-01-15
dc.identifier.uri	http://hdl.handle.net/1721.1/77608
dc.description.abstract	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.	en_US
dc.publisher	Cambridge, MA: Department of Economics, Massachusetts Institute of Technology	en_US
dc.relation.ispartofseries	Working paper, Massachusetts Institute of Technology, Dept. of Economics;13-05
dc.rights	An error occurred on the license name.	en
dc.rights.uri	An error occurred getting the license - uri.	en
dc.subject	Unemployment	en_US
dc.subject	vacancies	en_US
dc.subject	Beveridge Curve	en_US
dc.subject	matching function	en_US
dc.subject	stimulus policy	en_US
dc.title	Cyclical Unemployment Structural Unemployment	en_US
dc.type	Working Paper	en_US