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Job Destruction and Propagation of Shocks

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NBER1997-11-01 更新2025-01-04 收录
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We develop and quantitatively implement a dynamic general equilibrium model with labor" market matching and endogenous job destruction. The model produces a close match with data on" job creation and destruction. Cyclical fluctuations in the job destruction rate serve to magnify the" effects of

创建时间:
1997-11-01
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