The Cyclical Behavior of Equilibrium Unemployment and Vacancies: Evidence and Theory
收藏NBER2003-03-01 更新2025-01-04 收录
下载链接：
https://www.nber.org/papers/w9536
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资源简介：
This paper argues that a broad class of search models cannot generate the observed business-cycle-frequency fluctuations in unemployment and job vacancies in response to shocks of a plausible magnitude. In the U.S., the vacancy-unemployment ratio is 20 times as volatile as average labor productivity
提供机构：
美国国家经济研究局
创建时间：
2003-03-01
