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
1. Verfasser: Kolm, Ann-Sofie
Format: Artikel
Sprache:eng
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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.
ISSN:0165-1765
1873-7374
DOI:10.1016/j.econlet.2005.05.008