How Much Is Employment Increased by Cutting Labor Costs? Estimating the Elasticity of Job Creation
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https://www.nber.org/papers/w15790
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资源简介：
In search and bargaining models, the effect of higher wages on employment is determined by the elasticity of the job creation curve. In this paper, we use U.S. data over the 1970-2007 period to explore whether labor market outcomes abide by the restrictions implied by such models and to evaluate the
提供机构：
美国国家经济研究局
创建时间：
2010-02-01
