Title

Some Recent Developments in the Study of Unemployment: A Survey

Document Type

Report

Publication Date

1977

Number

55

Abstract

If there is any one message of the voluminous research concerning unemployment, it is that the latter cannot be summarized by a single number. While this may seem a sweeping statement, surely no one would argue that the causes and cures of such diverse phenomena as seasonal, cyclical, disguised, and structural unemployment are the same, or even that they represent the same social costs per percentage point.

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