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Unemployment - Structural

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  • Lindbeck, A.

Abstract

Structural unemployment differs from cyclical unemployment by not disappearing in cyclical booms. In economic theory, structural unemployment is usually analyzed in terms of the concept of equilibrium unemployment (the "natura unemployment rate" in Friedman's terminology). The paper pinpoints various factors that influence the level of structural unemployment, which differs in time and place.

Suggested Citation

  • Lindbeck, A., 1999. "Unemployment - Structural," Papers 676, Stockholm - International Economic Studies.
    • Handle: RePEc:fth:stocin:676
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    References listed on IDEAS

    as
    1. Gottfries, Nils & Horn, Henrik, 1987. "Wage Formation and the Persistence of Unemployment," Economic Journal, Royal Economic Society, vol. 97(388), pages 877-884, December.
    2. Lucas, Robert Jr., 1972. "Expectations and the neutrality of money," Journal of Economic Theory, Elsevier, vol. 4(2), pages 103-124, April.
    3. Lawrence F. Katz & Bruce D. Meyer, 1990. "Unemployment Insurance, Recall Expectations, and Unemployment Outcomes," The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 105(4), pages 973-1002.
    4. Shapiro, Carl & Stiglitz, Joseph E, 1984. "Equilibrium Unemployment as a Worker Discipline Device," American Economic Review, American Economic Association, vol. 74(3), pages 433-444, June.
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    Cited by:

    1. Schilirò, Daniele, 2004. "Occupazione e crescita in Italia [Employment and growth in Italy]," MPRA Paper 47161, University Library of Munich, Germany.
    2. Afful, Efua Amoonua, 2014. "Does Employment Protection Legislation Induce Structural Unemployment? Evidence from 15 OECD Countries," MPRA Paper 56875, University Library of Munich, Germany.

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    More about this item

    Keywords

    UNEMPLOYMENT ; BUSINESS CYCLES;

    JEL classification:

    • E32 - Macroeconomics and Monetary Economics - - Prices, Business Fluctuations, and Cycles - - - Business Fluctuations; Cycles
    • J64 - Labor and Demographic Economics - - Mobility, Unemployment, Vacancies, and Immigrant Workers - - - Unemployment: Models, Duration, Incidence, and Job Search

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