New to this edition
Readership: Advanced undergraduate and graduate students and scholars of macroeconomics and labour economics.
Richard Layard, London School of Economics, Stephen Nickell, University of Oxford, and Richard Jackman, London School of Economics
Review(s) from previous edition"'convincingly refutes the idea that countries have no choice but to live with high unemployment.' - The Economist
"'an important book ... which synthesises mainstream economic views on the subject.'" - The Independent on Sunday
"'The authors are experts in this field, and the book will be a major reference work for scholars and students. Highly recommended for graduate and upper-division undergraduate collections.'" - Social and Behavioral Sciences
"'The leading international text on this subject'" - The Australian
"'Taken simply as a review of the literature, the book is a monumental achievement ... There is no question that this book is essential reading for economists concerned with unemployment, but it should also be studied by everyone in industry concerned with wage bargaining, whether employer or trade unionist.'" - British Journal of Industrial Relations
Introduction to New Edition Preface to First Edition 1: Overview The Microfoundations 2: Wage-Bargaining and Unions 3: Efficiency Wages 4: Wage Behaviour: the Evidence 5: Job Search: the Duration of Unemployment 6: Mismatch: the Structure of Unemployment 7: The Pricing and Employment Behaviour of Firms The Macroeconomic Outcome 8: The Macroeconomics of Unemployment 9: Explaining Post-war Unemployment in OECD Countries Policy Implications 10: Policies to Cut Unemployment Annexes Discussion Questions References
