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Cyclical Unemployment: Sectoral Shifts or Aggregate Disturbances?

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NBER1984-07-01 更新2025-01-04 收录
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Recent work by David Lilien has argued that the existence of a strong positive correlation between the dispersion of employment growth rates across sectors (G) and the unemployment rate implies that shifts in demand from some sectors to others are responsible for a substantial fraction of cyclical

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1984-07-01
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