Involuntary Unemployment and the Business Cycle
收藏NBER2010-03-01 更新2025-01-04 收录
下载链接:
https://www.nber.org/papers/w15801
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资源简介:
Can a model with limited labor market insurance explain standard macro and labor market data jointly? We construct a monetary model in which: i) the unemployed are worse o than the employed, i.e. unemployment is involuntary and ii) the labor force participation rate varies with the business cycle.
提供机构:
美国国家经济研究局
创建时间:
2010-03-01



