Individual and Aggregate Labor Supply in Heterogeneous Agent Economies with Intensive and Extensive Margins
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https://www.nber.org/papers/w24985
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资源简介:
We study business cycle fluctuations in heterogeneous-agent general equilibrium models that feature both intensive and extensive margins of labor supply. A nonconvexity in the mapping between time devoted to work and labor services combined with idiosyncratic shocks generates operative extensive and
提供机构:
美国国家经济研究局
创建时间:
2018-09-01



