Work norms and unemployment
This paper outlines a simple model of a social work norm and unemployment. The analysis shows that such a norm may generate multiple unemployment equilibria. Taken at face value, this norm may explain why unemployment differs between otherwise similar regions.
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Veröffentlicht in: | Economics letters 2005-09, Vol.88 (3), p.426-431 |
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Format: | Artikel |
Sprache: | eng |
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Online-Zugang: | Volltext |
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Zusammenfassung: | This paper outlines a simple model of a social work norm and unemployment. The analysis shows that such a norm may generate multiple unemployment equilibria. Taken at face value, this norm may explain why unemployment differs between otherwise similar regions. |
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ISSN: | 0165-1765 1873-7374 |
DOI: | 10.1016/j.econlet.2005.05.008 |