Insider-Outsider Theory of Employment and Unemployment

Insider-Outsider Theory of Employment and Unemployment

by Assar Lindbeck, Dennis J. Snower
     
 

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This book provides an accessible, balanced account of the insider-outsider theory of labor market activity. It focuses on how "insiders" (incumbent employees whose jobs are protected by various labor turnover costs) get market power, what they do with that power, and how their activities affect the "outsiders" (who are either unemployed or work in the informal sector)…  See more details below

Overview

This book provides an accessible, balanced account of the insider-outsider theory of labor market activity. It focuses on how "insiders" (incumbent employees whose jobs are protected by various labor turnover costs) get market power, what they do with that power, and how their activities affect the "outsiders" (who are either unemployed or work in the informal sector). The book examines the effects of insiders' activities on wages, employment, and unemployment; discusses the associated policy implications; and relates the insider-outsider theory to other theories of labor market activity

The central part of the book consists of a series of previously published articles that have been edited to convey a single coherent account of the insider-outsider theory. Chapters are preceded by overviews summarizing the main ideas and relating them to the book's underlying theme.

Assar Lindbeck is Professor of International Economics and Director of the Institute of International Economics at the University of Stockholm. Dennis J. Snower is Professor of Economics, Birkbeck College, University of London.

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Product Details

ISBN-13:
9780262121392
Publisher:
MIT Press
Publication date:
03/28/1990
Pages:
304
Product dimensions:
3.03(w) x 3.03(h) x (d)

Meet the Author

Assar Lindbeck is Professor and Director of the Institute for International Economic Studies at the University of Stockholm in Sweden.

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