Wage Flexibility and Employment Fluctuations: Evidence from the Housing Sector
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https://www.nber.org/papers/w22496
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Many economists suspect that downward nominal wage rigidities in ongoing labor contracts are an important source of employment fluctuations over the business cycle but there is little direct empirical evidence on this conjecture. This paper compares three occupations in the housing sector with very
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美国国家经济研究局创建时间：
2016-08-01
