Structural Unemployment Book

The book is devoted to a theoretical and econometric analysis of structural unemployment by making use of the Beveridge curve, i. e., the relationship between unemployment and vacancies. It is investigated to what extent various kinds of inflexibilities such as a higher regional and qualifications mismatch between labor supplied and demanded and an increasedchoosiness of employers and job seekers can contribute to an explanation forthe high and persistent unemployment in the eighties. Based on theoretical foundations the studies marshall the empirical evidence for or against the mismatch hypotheses and give a critical assessment of theBeveridge curve. Moreover, policy implications and recommendations are discussed at some length.