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Unemployment Fluctuations, Match Quality, and the Wage Cyclicality of New Hires

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NBER2016-06-01 更新2025-01-04 收录
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Macroeconomic models often incorporate some form of wage stickiness to help account for employment fluctuations. However, a recent literature calls in to question this approach, citing evidence of new hire wage cyclicality from panel data studies as evidence for contractual wage flexibility for new

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2016-06-01
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