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Technological Learning and Labor Market Dynamics

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NBER2013-12-01 更新2025-01-04 收录
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https://www.nber.org/papers/w19767
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The search-and-matching model of the labor market fails to match two important business cycle facts: (i) a high volatility of unemployment relative to labor productivity, and (ii) a mild correlation between these two variables. We address these shortcomings by focusing on technological learning-by
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2013-12-01
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