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In the last twenty years there has been an explosion of economic research on labor force dynamics; the movement of individuals between labor force states. This book focuses on the methods by which behavioral theories of labor force dynamics have been empirically implemented. Most attention is paid to the partial equilibrium two-state transitional model of job search behavior. That model is the foundation for much of our thinking about the nature of unemployment at both the individual and aggregate levels. Although the basic formulation has remained the same, approaches to the empirical implementation of such models has changed dramatically.
- Sales Rank: #6889391 in Books
- Brand: Brand: Routledge
- Published on: 1995-12-01
- Original language: English
- Number of items: 1
- Dimensions: 8.50" h x .25" w x 5.50" l, .32 pounds
- Binding: Paperback
- 108 pages
- Used Book in Good Condition
About the Author
Kenneth I. Wolpin is Walter H. and Lenore C. Annenberg Professor in the Social Sciences at the University of Pennsylvania.
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