Thursday, October 15, 2015

Macro. Chapter 15 【Unemployment】

1. Measuring employment, unemployment, and labor force participation
Consider a small economy composed of six people:




2. Discouraged workers


3. Types of unemployment


4. Sectoral shifts, frictional unemployment, and job searches


5. Minimum-wage laws and unemployment






6. Contrasting labor union laws in two states



7. The theory of efficiency wages

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