Econ 302: Fall 2004 - Labor Markets

Blanchard, chapter 2 (pp. 26–29); chapter 6 (pp. 114–133); chapter 13 (pp. 272–278); chapter 9 (pp. 182–185).

Altman, Daniel. "Debating the Numbers on Goals for Growth," New York Times, October 13, 2002.
Walsh, Carl E. "The Natural Rate, NAIRU, and Monetary Policy," Federal Reserve Bank of San Francisco Economic Letter #98-28, September 18, 1998.
Altig, David, Terry Fitzgerald, and Peter Rupert. "Okun's Law Revisited: Should We Worry about Low Unemployment?" Federal Reserve Bank of Cleveland Economic Commentary, May 15, 1997.

Wessel, David. "The Future of Jobs: New Ones Arise, Wage Gap Widens," Wall Street Journal, April 2, 2004.
Andrews, Edmund L. "A Growing Force of Nonworkers," New York Times, July 18, 2004.
Walsh, Carl E. "The Productivity and Jobs Connection: The Long and the Short Run of It," Federal Reserve Bank of San Francisco Economic Letter #2004-18, July 16, 2004.

Wu, Tao. Two "Measures of Employment: How Different Are They?" Federal Reserve Bank of San Francisco Economic Letter #2004-23, August 27, 2004.
Stiglitz, Joseph. "Reflections on the Natural Rate Hypothesis," Journal of Economic Perspectives, v. 11, n. 1 (Winter 1997) pp. 3–10.
Blanchard, Olivier and Lawrence F. Katz. "What We Know and Do Not Know About the Natural Rate of Unemployment," Journal of Economic Perspectives, v. 11, n. 1 (Winter 1997) pp. 51–72.
Nickell, Stephen. "Unemployment and Labor Market Rigidities: Europe versus North America," Journal of Economic Perspectives, v. 11, n. 3 (Summer 1997) pp. 55–74.

Economics 302: Macroeconomic Analysis