Lecture 7 18

Lecture 7 18 - will be finding jobs and so the unemployment...

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The Beveridge Curve ) , , ( * mm i v f s b s b u + + + = The Beveridge curve is a plot of the relationship in the (u*,v) space It has negative slope because if there are more vacancies, more of the unemployed
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Unformatted text preview: will be finding jobs and so the unemployment rate will be lower....
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This note was uploaded on 04/03/2011 for the course ECON 2021 taught by Professor Mok during the Spring '11 term at HKU.

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