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Labor Market Dynamics When Ideas are Harder to Find

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NBER2021-11-01 更新2025-01-04 收录
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This paper evaluates the impact of slowing economic growth on labor market dynamism and misallocation. It provides a model of endogenous growth via imitation in a frictional labor market. The framework accounts for rich data on worker job-to-job transitions as well as stochastic and lifecycle

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2021-11-01
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