Unemployment Fluctuations With Staggered Nash Wage Bargaining
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https://www.nber.org/papers/w12498
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A number of authors have recently emphasized that the conventional model of unemployment dynamics due to Mortensen and Pissarides has difficulty accounting for the relatively volatile behavior of labor market activity over the business cycle. We address this issue by modifying the MP framework to
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美国国家经济研究局创建时间：
2006-08-01
