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The Unemployment/Vacancy Curve

Theoretical Foundation and Empirical Relevance

  • Book
  • © 1992

Overview

Authors:
  1. Josef Christl

    1. Volkswirtschaftliche Abteilung, Creditanstalt, Vienna, Austria

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Part of the book series: Studies in Empirical Economics (STUDEMP)

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Table of contents (10 chapters)

  1. Front Matter

    Pages I-XVI
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  2. Introduction

    • Josef Christl
    Pages 1-5

  3. The Concept of the Beveridge Curve

    • Josef Christl
    Pages 6-10

  4. Employment Function and U/V Curve

    • Josef Christl
    Pages 11-18

  5. The Foundation of the U/V Curve by a Matching Model

    • Josef Christl
    Pages 19-48

  6. Extensions of the Basic Matching Model

    • Josef Christl
    Pages 49-68

  7. Hysteresis Phenomena and the U/V Curve

    • Josef Christl
    Pages 69-81

  8. Returns to Scale in the Matching Function and the U/V Curve

    • Josef Christl
    Pages 82-99

  9. Empirical U/V Analysis: The Case of Austria

    • Josef Christl
    Pages 100-124

  10. An International Survey on Empirical Studies on the U/V-Curve

    • Josef Christl
    Pages 125-139

  11. Conclusions

    • Josef Christl
    Pages 140-142

  12. Back Matter

    Pages 143-152
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Keywords

About this book

Rising unemployment has become one of the most challenging problems for economic policy in many developed economies over the last fifteen years. In the second half of the 1970s and during the first half of the 1980s the labour market situation worsened dramatically. For the OECD area as a whole, unemployment as a percentage of the civilian labour force went up from 3.3 percent in 1974 to 8.1 percent in 1985. The increase in unemployment rates was even more pronounced for OECD-Europe, where it climbed from 3.3 percent to 10.5 percent in this period. Table 1.1: Unemployment Rates in some aECD Countries, 1974-1989 yearly average 1989 1974{79 1974 1979 1985 1980/85 1985/89 USA 5,6 5,8 7,2 5,2 6,8 8,1 6,2 UK 2,2 4,5 11,6 6,5 4,2 10,0 9,7 3,3 8,3 7,3 3,5 6,6 7,9 FRG 2,1 2,4 1,3 1,5 2,4 2,2 Sweden 1,6 1,7 Austria 1,1 1,7 3,6 3,4 1,5 3,0 3,5 Austria*) 1,5 2,0 4,8 5,0 1,9 3,6 5,3 OECDEurope 3,3 5,7 10,5 9,0 4,8 9,1 10,0 OECD 3,7 5,2 8,1 6,6 5,0 7,7 7,5 *) national definition - see footnote 1). Source: OECD, 1989; BMSA.

Authors and Affiliations

  • Volkswirtschaftliche Abteilung, Creditanstalt, Vienna, Austria

    Josef Christl

Bibliographic Information

  • Book Title: The Unemployment/Vacancy Curve

  • Book Subtitle: Theoretical Foundation and Empirical Relevance

  • Authors: Josef Christl

  • Series Title: Studies in Empirical Economics

  • DOI: https://doi.org/10.1007/978-3-642-50304-7

  • Publisher: Physica Heidelberg

  • eBook Packages: Springer Book Archive

  • Copyright Information: Springer-Verlag Berlin Heidelberg 1992

  • Softcover ISBN: 978-3-642-50306-1Published: 13 November 2012

  • eBook ISBN: 978-3-642-50304-7Published: 09 March 2013

  • Series ISSN: 1431-8830

  • Series E-ISSN: 2196-8950

  • Edition Number: 1

  • Number of Pages: XVI, 152

  • Topics: Population Economics

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