2019
DOI: 10.5539/ijef.v11n7p75
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Causes of Involuntary Unemployment in Brazil

Abstract: Unemployment has been approached in research focusing on macroeconomic aspects, but from the microeconomic perspective, the literature is still recent.According to traditional economic theory, there are three types of unemployment which can be distinguished by their generating mechanisms. Following Rainho (2014), there is frictional (or transitional) unemployment, which occurs because of imperfect information, as well as the lack of visibility and transparency in the job market. Seasonal unemployment, which is… Show more

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