This volume brings together the most innovative and important work on implicit contract theory, a key area of research which has developed over the past 20 years. Implicit contract theory is concerned with the workings of the macro-labour market over business cycles and focuses on a series of key questions including, how economists can explain unemployment levels and employment fluctuations during recessions in terms of rational economic behaviour, and, why wages do not fall to clear the market.
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Edited by the late Sherwin Rosen, formerly, Edwin A. and Betty L. Bergman Professor, Department of Economics, University of Chicago, US
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First Edition. Fine copy in the original gilt-blocked cloth. Slightest suggestion only of dust-dulling to the panel edges. Remains particularly well-preserved overall; tight, bright, clean and strong. Physical description: xvi, 467 p : ill ; 25 cm. Notes: Includes bibliographical references and index. Subjects: Labor supply.Labor contract. Unemployment.Labor market. Labor contract. Unemployment.Employment 1 Kg. Seller Inventory # 384201
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First Edition. Fine copy in the original gilt-blocked cloth. Slightest suggestion only of dust-dulling to the panel edges. Remains particularly well-preserved overall; tight, bright, clean and strong. Physical description: xvi, 467 p : ill ; 25 cm. Notes: Includes bibliographical references and index. Subjects: Labor supply.Labor contract. Unemployment.Labor market. Labor contract. Unemployment.Employment 1 Kg. Seller Inventory # 384201
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Hardback. Condition: New. This volume brings together the most innovative and important work on implicit contract theory, a key area of research which has developed over the past 20 years. Implicit contract theory is concerned with the workings of the macro-labour market over business cycles and focuses on a series of key questions including, how economists can explain unemployment levels and employment fluctuations during recessions in terms of rational economic behaviour, and, why wages do not fall to clear the market. Seller Inventory # LU-9781852787486
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