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Spatial and Temporal Aggregation in the Dynamics of Labor Demand

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NBER1992-04-01 更新2025-01-04 收录
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https://www.nber.org/papers/w4055
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The paper demonstrates the general difficulty of inferring the structure of adjustment costs from aggregated, including industry data, except in the unlikely case that costs are symmetric and quadratic at the micro level. The implications of this difficulty for cross-national comparisons of
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1992-04-01
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