TABLE OF CONTENTS: Introduction to New Edition Preface to First Edition 1. Overview THE MICROFOUNDATIONS 2. Wage-Bargaining and Unions 3. Efficiency Wages 4. Wage Behaviour: the Evidence 5. Job Search: the Duration of Unemployment 6. Mismatch: the Structure of Unemployment 7. The Pricing and Employment Behaviour of Firms THE MACROECONOMIC OUTCOME 8. The Macroeconomics of Unemployment 9. Explaining Post-war Unemployment in OECD Countries POLICY IMPLICATIONS 10. Policies to Cut Unemployment Annexes Discussion Questions References