Asset Prices and Unemployment Fluctuations
收藏NBER2019-12-01 更新2025-01-04 收录
下载链接：
https://www.nber.org/papers/w26580
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资源简介：
Recent critiques have demonstrated that existing attempts to account for the unemployment volatility puzzle of search models are inconsistent with the procylicality of the opportunity cost of employment, the cyclicality of wages, and the volatility of risk-free rates. We propose a model that is
提供机构：
美国国家经济研究局
创建时间：
2019-12-01
