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Unemployment with Observable Aggregate Shocks

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NBER1982-09-01 更新2025-01-04 收录
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https://www.nber.org/papers/w0975
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Consider an economy subject to two kinds of shocks: (a) an observable shock to the relative demand for final goods which causes dispersion in relative prices, and (b) shocks, unobservable by workers, to the technology for transforming intermediate goods into final goods. A worker in a particular
创建时间:
1982-09-01
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