Unemployment, Disequilibrium, and the Short Run Phillips Curve: An Econometric Approach
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The paper specifies a disequilibrium model for the aggregate labor market consisting of demand and supply functions for labor, an adjustment equation for wages as well as for prices, a transactions equation and, finally, an equation that relates measured unemployment to vacancies and to excess
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美国国家经济研究局创建时间：
1985-06-01
