Labor Markets and Business Cycles /
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...
| Auteur principal: | |
|---|---|
| Format: | Électronique eBook |
| Langue: | Inglés |
| Publié: |
Princeton, N.J. :
Princeton University Press,
2010.
|
| Collection: | Book collections on Project MUSE.
|
| Sujets: | |
| Accès en ligne: | Texto completo |
Table des matières:
- The labor wedge
- Benchmark search model : neutrality
- Real effects of productivity shocks
- Rigid wages
- Looking ahead.


