Labor Market Fluctuations in the Small and in the Large
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Shimer's calibrated version of the Mortensen-Pissarides model generates unemployment fluctuates much smaller than the data. Hagedorn and Manovskii present an alternative calibration that yields fluctuations consistent with the data, but this has been challenged by Costain and Reiter, who say it
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美国国家经济研究局创建时间：
2008-03-01
