A graph depicting the relationship between unemployment and the job vacancy rate, indicating labor market efficiency.
A comprehensive overview of seasonal unemployment, highlighting its causes, impacts, and variations across different economic frameworks.
An economics term that denotes the ability of wages to adjust in response to changes in labor market conditions or economic circumstances.
Understanding involuntary unemployment and its implications in the labor market
An exploration of the vacancy rate, its significance in labor market analysis, and its connection to the Beveridge curve.
A payment to a firm’s employees additional to their normal pay, often linked to performance.
A pejorative description of the tendency for talented individuals to migrate from poorer countries to richer countries in search of better employment opportunities and living standards.
Unemployment caused by wages being too high relative to productivity, leading to an inability of firms to profitably employ all available labor.
Analysis of demographic unemployment and its impact on the labor market.
An in-depth analysis of discrimination in employment relationships, its historical context, definitions, and economic implications.
The relationship between earnings in the labor market and the human-capital stock accumulated by an individual.
An overview of the term 'employer', its role and importance in economics.
An explanation of frictional unemployment, its definitions, historical context, and analytical frameworks in economics.
A comprehensive analysis of the concept of full employment in economics.
A detailed overview of the concept of hard-core unemployed, including its definition, historical context, and analytical frameworks.
Understanding the concept of hidden unemployment and the implications it holds in economic analysis.
An understanding between parties on acceptable forms of behaviour that is not part of any formal agreement.
An exploration of the term 'job' in the context of economics, including its implications and relevance in labor markets.
Examination of the concept of job quits, including its definition and broader economic implications.
Detailed entry discussing the job search process, its economics implications, and associated concepts.
A comprehensive exploration of the term 'job vacancy,' its definitions, and its significance in various economic contexts.
A model of interaction between agents where joint productivity or pay-offs depend on individual characteristics on both sides, used in labor market studies.
Understanding the concept of mismatch in the labor market, referring to the differences between the skills and location of unemployed workers and available job vacancies.
An examination of the natural rate of unemployment, its definition, historical context, and analytical frameworks in various economic schools of thought.
The percentage of the population in any given age group who are economically active.
An economic term referring to the process where middle-class jobs requiring moderate levels of skill decrease relative to low-paid and well-paid jobs.
Unemployed individuals officially recorded and receiving unemployment-related benefits.
Actions undertaken primarily to convey information to prospective customers or employers, particularly in the context of asymmetric information.
A graphical representation mirroring the Beveridge curve that illustrates the relationship between job vacancies (v) and unemployment (u)
Employment of skilled workers in unskilled jobs or involuntary part-time employment. Includes hidden unemployment.
Comprehensive analysis of the term 'unemployable' in the context of Economics. Covers its definition, historical context, analytical frameworks, case studies, and related terms.
A comprehensive look at vacancies in the job market and their impacts on economics.
The tendency of wage rates to be ‘sticky’ and not adjust to clear the market in the short run.
A market characterized by restricted contact between different customers or suppliers, facilitating price discrimination and service differentiation.
