Please use this identifier to cite or link to this item: http://hdl.handle.net/10419/86326
Authors: 
Rodenburg, Peter
Year of Publication: 
2007
Series/Report no.: 
Tinbergen Institute Discussion Paper 07-088/1
Abstract: 
The purpose of this paper is to provide an analysis of the impact the UV-curve had on economic theory and to provide an account of the subsequent radical changes in its place and role over the decades since its first appearance in 1958. The paper traces the historical development of the UV-curve and argues that the role of the UV-curve has changed from a measuring device to a graphical representation of full employment to an axiom necessary for matching models of unemployment. This changing role is best understood in the light of a paradigmatic change from Keynesianism to neoclassical search theory.
Subjects: 
UV-curve
Beveridge curve
UV-analysis
Matching models
Theories of Unemployment
History of Economic Thought
Induction
Full employment
Measurement of unemployment
JEL: 
B
E
J
Document Type: 
Working Paper

Files in This Item:
File
Size
371.35 kB





Items in EconStor are protected by copyright, with all rights reserved, unless otherwise indicated.