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The Short- and Long-Term Career Effects of Graduating in a Recession: Hysteresis and Heterogeneity in the Market for College Graduates

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NBER2006-04-01 更新2025-01-04 收录
下载链接:
https://www.nber.org/papers/w12159
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The standard neo-classical model of wage setting predicts short-term effects of temporary labor market shocks on careers and low costs of recessions for both more and less advantaged workers. In contrast, a vast range of alternative career models based on frictions in the labor market suggests that
提供机构:
美国国家经济研究局
创建时间:
2006-04-01
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