NATIONAL BUREAU OF ECONOMIC RESEARCH
NATIONAL BUREAU OF ECONOMIC RESEARCH

Cyclical Unemployment, Structural Unemployment

Peter A. Diamond

NBER Working Paper No. 18761
Issued in February 2013

---- Acknowledgements -----

This paper was presented as the Mundell-Fleming Lecture at the Thirteenth Jacques Polak Annual Research Conference at the International Monetary Fund in Washington, D. C., held November 8-9, 2012. The author thanks Gadi Barlevy, Olivier Blanchard, Steven Davis, John Haltiwanger, Bart Hobijn, Marianna Kudlyak, Giuseppe Moscarini, Peter Orszag, Jim Poterba, Sarah Bloom Raskin, Robert Triest, Rob Valletta, and participants for their comments, as well as James Fogel and Caroline Shinkle for research assistance. The views expressed herein are those of the author and do not necessarily reflect the views of the National Bureau of Economic Research.

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