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Measuring What Employers Really Do about Entry Wages over the Business Cycle

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NBER2010-02-01 更新2025-01-04 收录
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In models recently published by several influential macroeconomic theorists, rigidity in the real wages that firms pay newly hired workers plays a crucial role in generating realistically large cyclical fluctuations in unemployment. There is remarkably little evidence, however, on whether employers'

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2010-02-01
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