Increasing Returns and the Foundations of Unemployment Theory

Martin L. Weitzman

278 citations0/0 files storedThe Economic Journal

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Labor market dynamics and wage inequality Economic Theory and Policy Economic theories and models

Abstract

Martin L. Weitzman; Increasing Returns and the Foundations of Unemployment Theory, The Economic Journal, Volume 92, Issue 368, 1 December 1982, Pages 787–804, h

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1957The Theory of Monopolistic Competition 1982Aggregate Demand Management in Search Equilibrium

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1983Some Macroeconomic Implications of Alternative Compensation Systems 1989Monopolistic Competition as a Foundation for Keynesian Macroeconomic Models 1987Imperfect Competition and the Keynesian Cross 2006Mark-up Pricing in South African Industry 1989The Persistence and Indeterminacy of Unemployment in Search Equilibrium 1993Nonclearing Markets: Microeconomic Concepts and Macroeconomic Applications 1999The Levels and Cyclical Behaviour of Mark-Ups Across Countries and Market Structures 1985EXPLANATIONS OF UNEMPLOYMENT

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