Labor markets and business cycles /

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Labor Markets and Business Cycles integrates search and matching theory with the neoclassical growth model to better understand labor market outcomes. Robert Shimer shows analytically and quantitatively that rigid wages are important for explaining the volatile behavior of the unemployment rate in b...

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Bibliographic Details
Call Number:Libro Electrónico
Main Author: Shimer, Robert (Author)
Format: Electronic eBook
Language:Inglés
Published: Princeton, N.J. : Princeton University Press, ©2010.
Series:CREI lectures in macroeconomics.
Subjects:
Labor market.
Business cycles.
Marché du travail.
Cycles économiques.
employing.
BUSINESS & ECONOMICS > Labor.
Arbeitsmarkt
Konjunkturschwankung
Konjunkturtheorie
Online Access:Texto completo
Table of Contents:
  • The labor wedge
  • Benchmark search model : neutrality
  • Real effects of productivity shocks
  • Rigid wages
  • Looking ahead.

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