Imperfect Information, Credit Markets, and Unemployment | Synapse
January 1, 1987Open Access
Imperfect Information, Credit Markets, and Unemployment
Key Points
The aim is to analyze how imperfections in information within capital markets affect unemployment dynamics.
Economic modeling to investigate the relationship between information quality and unemployment levels.
Analysis of different credit market scenarios and their implications for employment.
Inadequate information in capital markets correlates with increased levels of unemployment.
Certain economic models illustrate variations in unemployment based on the type of informational imperfection.
Abstract
Presents a study on the impact of informational imperfections in capital markets on the level and nature of unemployment. Information on the economic models used in explaining unemployment.