Structural Unemployment

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The book is devoted to a theoretical and econometricanalysis of structural unemployment by making use of theBeveridge curve, i. e., the relationship betweenunemployment and vacancies. It is investigated to whatextent various kinds of inflexibilities such as a higherregional and qualifications mismatch between labor suppliedand demanded and an increasedchoosiness of employers andjob seekers can contribute to an explanation forthe highand persistent unemployment in the eighties. Based ontheoretical foundations the studies marshall the empiricalevidence for or against the mismatch hypotheses and give acritical assessment of theBeveridge curve. Moreover, policyimplications and recommendations are discussed at somelength.