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Business Volatility, Job Destruction, and Unemployment

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NBER2008-09-01 更新2025-01-04 收录
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Unemployment inflows fell from 4 percent of employment per month in the early 1980s to 2 percent or less by the mid 1990s and thereafter. U.S. data also show a secular decline in the job destruction rate and the volatility of firm-level employment growth rates. We interpret this decline as a

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2008-09-01
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