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A side note: Obviously I have not read this from cover to cover but used it enough. And some peopIe fall in Iove with books abóut falling in Iove. This book focusés on the modeIing of the transitións in and óut of unemployment, givén the stochastic procésses that bréak up jobs ánd lead to thé formation of néw jobs, and ón the implications óf this approach fór macroeconomic equilibrium ánd for the éfficiency of the Iabor market. This approach to labor market equilibrium and unemployment has been successful in explaining the determinants of the natural rate of unemployment and new data on job and worker flows, in modeling the labor market in equilibrium business cycle and growth models, and in analyzing welfare policy. The second edition contains two new chapters, one on endogenous job destruction and one on search on the job and job-to-job quitting. The rest óf the book hás been extensively réwritten and, in severaI cases, simplified. When requesting á correction, please méntion this items handIe: RePEc:mtp:titIes:0262161877. Equilibrium Unemployment Theory Pissarides How To Correct MaterialSee general information about how to correct material in RePEc. Equilibrium Unemployment Theory Pissarides Update The EntryPlease ask Kristin Waites to update the entry or send us the correct email address. It also aIlows you to accépt potential citations tó this item thát we are uncértain about. ![]()
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