Labor Markets and Business Cycles / / Robert Shimer.
Labor Markets and Business Cycles integrates search and matching theory with the neoclassical growth model to better understand labor market outcomes. Robert Shimer shows analytically and quantitatively that rigid wages are important for explaining the volatile behavior of the unemployment rate in b...
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Superior document: | Title is part of eBook package: De Gruyter Princeton University Press eBook-Package Backlist 2000-2013 |
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Place / Publishing House: | Princeton, NJ : : Princeton University Press, , [2010] ©2010 |
Year of Publication: | 2010 |
Edition: | Course Book |
Language: | English |
Series: | CREI Lectures in Macroeconomics
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Online Access: | |
Physical Description: | 1 online resource (192 p.) :; 14 line illus. 16 tables. |
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Table of Contents:
- Frontmatter
- Contents
- Introduction
- Preface
- 1. The Labor Wedge
- 2. Benchmark Search Model: Neutrality
- 3. Real Effects of Productivity Shocks
- 4. Rigid Wages
- 5. Looking Ahead
- Appendix A. Data
- References
- Author Index