Unemployment - Structural

Preprint, Report English OPEN
Lindbeck, Assar;
(1999)
  • Publisher: Stockholm : IIES
  • Subject: Economics | equilibrium unemployment; structural unemployment; stock and flow equilibrium in the labour market; unemployment persistence | Nationalekonomi
    • jel: jel:J60 | jel:E24

Structural unemployment differs from cyclical unemployment by not disappearing in cyclical booms. In economic theory, structural unemployment is usually analysed in terms of the concept of equilibrium unemployment (the "natural unemployment rate" in Friedman’s terminolo... View more
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