Unemployment and Productivity in the Long Run: The Role of Macroeconomic Volatility
收藏NBER2010-09-01 更新2025-01-04 收录
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https://www.nber.org/papers/w16374
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资源简介:
The paper presents a new empirical regularity between the volatility of productivity growth and long-run unemployment, for a given level of long-run productivity growth. A theoretical framework based on asymmetric real wage rigidities is shown to have the potential to rationalize this finding. The
提供机构:
美国国家经济研究局
创建时间:
2010-09-01



