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

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Presentation on theme: "Chapter 15 Unemployment. Copyright © 2003 by Pearson Education, Inc.15-2."— Presentation transcript:

1 Chapter 15 Unemployment

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

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

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

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

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

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

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

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

10 Copyright © 2003 by Pearson Education, Inc.15-10 Figure 15.7 Imperfectly Experience-Rated Unemployment Insurance Tax Rates

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


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