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On another call how long is an accutane prescription good for sleep Yellen developed the �efficiency wage� model of unemployment, suggesting that if people feel underpaid, they�ll work less efficiently and will be more likely to quit, implying that cutting wages could lower productivity. �She thinks [unemployment] is a terrible scourge,� says Alan Blinder, a Princeton University economist nominated to the Federal Reserve Board of Governors with Yellen in 1994. �These are not just statistics to me,� Yellen said in a speech to the AFL-CIO in February. �We know that long-term unemployment is devastating to workers and their families. The toll is simply terrible on the mental and physical health of workers.�

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