Chapter 15 Unemployment. Copyright © 2003 by Pearson Education, Inc.15-2.

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Presentation transcript:

Chapter 15 Unemployment

Copyright © 2003 by Pearson Education, Inc.15-2

Copyright © 2003 by Pearson Education, Inc.15-3 Figure 15.1 Labor Market Stocks and Flows: May 1993

Copyright © 2003 by Pearson Education, Inc.15-4

Copyright © 2003 by Pearson Education, Inc.15-5 Figure 15.2 A Market with Full Employment Initially

Copyright © 2003 by Pearson Education, Inc.15-6 Figure 15.3 Choice of Reservation Wage in a Model of Job Search

Copyright © 2003 by Pearson Education, Inc.15-7 Figure 15.4 Weekly Unemployment Insurance Benefits as a Function of Previous Earnings

Copyright © 2003 by Pearson Education, Inc.15-8 Figure 15.5 Structural Unemployment Due to Inflexible Wages and Costs of Adjustment

Copyright © 2003 by Pearson Education, Inc.15-9 Figure 15.6 The Wage Curve

Copyright © 2003 by Pearson Education, Inc Figure 15.7 Imperfectly Experience-Rated Unemployment Insurance Tax Rates

Copyright © 2003 by Pearson Education, Inc.15-11