Slide 1Lecture 2: Frictional unemployment I. The matching function Slide 2 Frictional unemployment We have seen foundations for « classical unemployment » Frictional unemployment…
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Slide 1Lecture 12: Empirical evidence on unemployment Slide 2 The issues View #1: Unemployment is the result of cumulated shocks of various nature and persistence View #2:…
Slide 1 WAGES & UNEMPLOYMENT PART I Chapter 6 Slide 2 Trends in Real Wages and Employment 1. In the last 100 years, all industrial countries have enjoyed substantial…
Slide 1 1 Labor Supply and Demand In this section we study the general overall condition in labor markets. Slide 2 2 Labor supply The supply curve for labor is an upward…
Slide 1 Quasi-Fixed Costs and Labor Demand Slide 2 Quasi-Fixed Costs Costs that are not strictly proportional to the hours of work and allocated on a per worker basis Non-wage…
Slide 1 Ch. 11: Aggregate Supply and Demand Derive AS/AD model Understand consequences of change in AS/AD Short run vs Long run Effects on economic growth, prices,…
Slide 1 Metro North Regional Employment Board – Quarterly Meeting Cambridge, MA June 19, 2013 The Workforce Implications of the Affordable Care Act: Research in Progress…