Excess Demand, Unemployment, Vacancies, and Wages

Bent Hansen

194 citations0/0 files storedThe Quarterly Journal of Economics

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Labor market dynamics and wage inequality Monetary Policy and Economic Impact Economic theories and models

Abstract

I. A neoclassical macro theory for money wage changes, 2. — II. Neoclassical wage theory with spontaneous wage change and additional wage determinants, 3 — III. Vacancies and unemployment and excess demand, 5. — IV. The derivation of the Phillips relation, 8. — V. The form of the Phillips relation, 11. — VI. The cyclical characteristics of unemployment and vacancies, 17. — VII. Vacancies, unemployment, and equilibrium, 21.

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2000An Alternative Approach to Search Frictions 1989HOUSING, WAGES AND UK LABOUR MARKETS 1973Systematic Job Search and Unemployment 1999JOB REALLOCATION, EMPLOYMENT FLUCTUATIONS AND UNEMPLOYMENT *1999Chapter 18 Job reallocation, employment fluctuations and unemployment 2007Mismatch 1989ON VACANCIES*1988Slack, Shortage, and Discouraged Consumers in Eastern Europe: Estimates Based on Smoothing by Aggregation

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