This website uses cookies.

By clicking the "Accept" button or continuing to browse our site, you agree to first-party and session-only cookies being stored on your device to enhance site navigation and analyze site performance and traffic. For more information on our use of cookies, please see our Privacy Policy.

  1. Home
  2. Journals
  3. Journal of Economic Perspectives
  4. Winter 1997
  5. Theory Ahead of Language in the Economics of Unemployment

Theory Ahead of Language in the Economics of Unemployment

Download Full Text PDF
(Complimentary)

Abstract

This paper discusses, from the perspective of modern theories of unemployment, several unemployment concepts that have been used over the years. It argues that many of these concepts are of limited value and are dominated by a few simple concepts that are basic in the analysis of stochastic general equilibrium models.

Citation

Rogerson, Richard. 1997. "Theory Ahead of Language in the Economics of Unemployment." Journal of Economic Perspectives, 11 (1): 73-92. DOI: 10.1257/jep.11.1.73

JEL Classification

  • E24 Employment; Unemployment; Wages; Intergenerational Income Distribution; Aggregate Human Capital
There are no comments for this article.
Login to Comment