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Unemployment and Business Cycles

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NBER2013-08-01 更新2025-01-04 收录
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https://www.nber.org/papers/w19265
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资源简介:
We develop and estimate a general equilibrium search and matching model that accounts for key business cycle properties of macroeconomic aggregates, including labor market variables. In sharp contrast to leading New Keynesian models, we do not impose wage inertia. Instead we derive wage inertia from
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2013-08-01
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