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252 pages • first pub 1990 (editions)
ISBN/UID: 9780262161879
Format: Hardcover
Language: English
Publisher: MIT Press
Publication date: Not specified
Description
An equilibrium theory of unemployment assumes that firms and workers maximize their payoffs under rational expectations and that wages are determined to exploit the private gains from trade. This book focuses on the modeling of the transitions in ...
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252 pages • first pub 1990 (editions)
ISBN/UID: 9780262161879
Format: Hardcover
Language: English
Publisher: MIT Press
Publication date: Not specified
Description
An equilibrium theory of unemployment assumes that firms and workers maximize their payoffs under rational expectations and that wages are determined to exploit the private gains from trade. This book focuses on the modeling of the transitions in ...