Problem1 discuss some of the basic patterns of unemployment, Ask an Expert

Economics

Problem

1. Discuss some of the basic patterns of unemployment in the United States since 1960.

2. What are the differences between frictional and structural unemployment? Should we be equally concerned with all types of unemployment? Do the same policies help alleviate both frictional and structural unemployment?

3. Derive the steady-state rate of unemployment. Show how it depends on the transition probabilities between employment and unemployment.

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Macroeconomics, Economics

Category:- Macroeconomics
Reference No.:- M92761950

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