Aggregate Employment Fluctuations with Microeconomic Asymmetries
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We provide a simple explanation for the observation that the variance of job destruction is greater than the variance of job creation: job creation is costlier at the margin than job destruction. As Caballero [2] has argued, asymmetric employment adjustment costs at the establishment level need not
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美国国家经济研究局创建时间：
1996-09-01
