Resurrecting the Role of the Product Market Wedge in Recessions
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下载链接：
https://www.nber.org/papers/w20555
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资源简介：
Employment and hours appear far more cyclical than dictated by the behavior of productivity and consumption. This puzzle has been called the labor wedge a cyclical intratemporal wedge between the marginal product of labor and the marginal rate of substitution of consumption for leisure. The labor
提供机构：
美国国家经济研究局
创建时间：
2014-10-01
