Professor Carl Davidson
This monograph provides a relatively nontechnical summary of the prominent theories of unemployment that have emerged since 1960: search, disequilibrium, implicit contracts, efficiency wage, and insider/outsider models.
W.E. Upjohn Institute for Employment Research, 1990.
This book contains nine chapters that survey and extend the theory of job search and its application to the problem of unemployment. The volume ranges from surveys of job search theory that take microeconomic and macroeconomic perspectives to original theoretical contributions which focus on the externalities arising from non-sequential search and search under imperfect information. It includes a survey of econometric methods that have been developed to estimate models of job search, as well as two contributions to the empirical search literature. Finally, it includes a study that reviews and extends the literature on optimal unemployment insurance and concludes with an appraisal of the influence of search theory on the thinking of macroeconomic policymakers.
Kluwer Academic Publishers, 2002
Jointly edited with Stephen Woodbury
During the past two decades, the economic fortunes of less-skilled workers in the United States and Europe have sunk at a time when there has been a boom in international trade. This has sparked considerable debate among those interested in trade policy and labor markets over the impact of trade on labor-market outcomes, and in particular, the impact of globalization on low-skill, low-wage workers. In this monograph, we tackle these questions by extending the traditional analysis of international trade to allow for labor markets characterized by workers whose labor-market experiences are punctuated by spells of involuntary unemployment. We demonstrate that such extensions are easily accomplished and that they provide valuable new insights that withstand empirical scrutiny. And perhaps most importantly, we argue that such models offer the appropriate venue in which to carry out policy analysis aimed at determining the best way to compensate those who suffer economic loss as a result of changing trade patterns.
W.E. Upjohn Institute for Employment Research, 2004
Joint Steve Matusz
International Trade with
Princeton University Press, 2010