Unemployment in Open Economies A Search Theoretic Analysis
Main Author: | |
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Format: | eBook |
Language: | English |
Published: |
Berlin, Heidelberg
Springer Berlin Heidelberg
2001, 2001
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Edition: | 1st ed. 2001 |
Series: | Lecture Notes in Economics and Mathematical Systems
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Subjects: | |
Online Access: | |
Collection: | Springer Book Archives -2004 - Collection details see MPG.ReNa |
Table of Contents:
- 1 Introduction
- 2 Stylised Facts
- 2.1 Matching on the Labour Market and Unemployment
- 2.2 Trade and the Terms of Trade
- 3 A Two-Sector Search Model of an Open Economy without Capital
- 3.1 The Reference Model of Risk-Neutral Individuals
- 3.2 International Trade and Exchange Rate Shocks in the Medium Run
- 3.3 The Evolution to the New Equilibrium — The Adjustment Process
- 3.4 The Economy with Risk-Neutral Individuals and Individual Bargaining
- 3.5 Appendix A
- 4 The Generalised Model: An Open Economy with Risk- Averse Individuals
- 4.1 Individual Bargaining with Risk-Averse Individuals
- 4.2 The Effects of a Terms-of-Trade Shock on an Economy with Risk-Averse Individuals
- 4.3 The Economy with Risk-Averse Individuals and Individual Bargaining
- 4.4 Appendix B
- 5 An Open Economy with Industry-Level Bargaining
- 5.1 Trade Unions in Economic Models
- 5.2 Wages under Collective Bargaining
- 5.3 Trade Unions in an Open Economy
- 5.4 The Economy with Risk-Neutral Individuals and Collective Bargaining
- 5.5 An Illustrative Numerical Example of Risk Neutrality, Risk Aversion, and Collective Bargaining
- 5.6 Appendix C
- 6 A Simple Matching Model of a One-Sector Economy with Capital Accumulation
- 6.1 The Individual’s and Firm’s Decision Problem
- 6.2 The Equilibrium with Capital Accumulation — The Long-Run Perspective
- 6.3 Appendix D: The Wage Agreement
- 7 Summary
- List of Symbols
- List of Figures
- List of Tables
- Author Index