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The Surprising Symmetry of Gross Job Flows

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NBER1997-10-01 更新2025-01-04 收录
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A large literature attempts to explain the asymmetric behavior of job destruction and job creation over the business cycle. This paper contends that much of this asymmetry is spurious. Analyzing gross flows in relation to the net flow virtually eliminates cyclical asymmetry in annual data and

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1997-10-01
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