The contributors explore the reasons why involuntary unemployment happens when supply equals demand.

Known for his seminal work in efficiency-wage theory, Andrew Weiss surveys recent research in the field and presents new results. He shows how wage schedules af

A collection of papers which analyzes and measures unemployment as a search activity, discusses efficiency wage models and which considers the impact of governm

This book provides a theoretical framework to better understand how firms, economies and labor markets have evolved. This is done in a reader-friendly fashion,