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Diagnosing Unemployment Edmond Malinvaud (College de France, Paris)

Diagnosing Unemployment By Edmond Malinvaud (College de France, Paris)

Diagnosing Unemployment by Edmond Malinvaud (College de France, Paris)


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Summary

An economic policy always relies on diagnosis about spontaneous trends and about the likely impact of alternative government decisions. During the last two decades the author devoted most of his time to observation and diagnosis and to the analysis of macroeconomic factors of unemployment. This book presents what was learned from this experience.

Diagnosing Unemployment Summary

Diagnosing Unemployment by Edmond Malinvaud (College de France, Paris)

In this collection of essays. Edmond Malinvaud aims at explaining what he learned as a government statistician, particularly with respect to the unemployment problems of the last two decades. The government expert must forecast for diagnosing spontaneous trends or assessing the likely impact of public decisions. Such forecasts rely on a more or less intensive analysis. To understand the main distinction between frictional and disequilibrium unemployment requires a more rigorous conceptual apparatus than is often acknowledged; this leads to a properly defined Beveridge curve playing the major role. The most vexing issue concerns the effect of real wages on the medium term trend of labour demand; it cannot be well grasped without a good understanding of investment, for which the author presents his reference model.

Table of Contents

Preface; Prologue to the Federico Caffe Lectures 1990; Introduction; 1. Expert diagnosis; 2. Analysis and forecasting: their respective roles in mastering our destinies; 3. From statistics to projections; 4. Diagnosing unemployment trends; 5. The Beveridge curve; 6. Real wages and unemployment - a decade of analysis; 7. Profitability and factor demand under uncertainty.

Additional information

NPB9780521445337
9780521445337
0521445337
Diagnosing Unemployment by Edmond Malinvaud (College de France, Paris)
New
Hardback
Cambridge University Press
1994-04-14
170
N/A
Book picture is for illustrative purposes only, actual binding, cover or edition may vary.
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