Changes in the Cyclical Sensitivity of Wages in the United States, 1891-1987
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The conventional wisdom that nominal wages became less sensitive to the business cycle and more autocorrelated after World War II is reexamined here by considering whether these properties are artifacts of the methods used to construct prewar wage series. A replication based on these methods is more
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美国国家经济研究局创建时间：
1991-09-01
