[PDF.18um] Labor Markets and Business Cycles (CREI Lectures in Macroeconomics)

Labor Markets and Business Cycles (CREI Lectures in Macroeconomics)

[PDF.js30] Labor Markets and Business Cycles (CREI Lectures in Macroeconomics)

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 | #2140298 in eBooks |  2010-04-12 |  2010-04-12 | File type: PDF

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||0 of 0 people found the following review helpful.| This is a terrific book, not only to teach a top-notch graduate ...|By Alvafer|This is a terrific book, not only to teach a top-notch graduate class, but to learn the frontier on research of search and matching applied to aggregate fluctuations. It integrates the neoclassical growth model to the DMP search model in a clear rigorous and easy to follow way.|From the Back Cover||"This essential book offers an insightful and often provocative analysis of labor market responses to business cycle shocks, and develops new ways of looking at this issue. The careful integration of theory and data, of earlier business cycl

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 business cycles.

The book focuses on the labor wedge that arises when the marginal rate of substitution between consumption and leisure does not ...

You can specify the type of files you want, for your device.Labor Markets and Business Cycles (CREI Lectures in Macroeconomics)   |  Robert Shimer. I have read it a couple of times and even shared with my family members. Really good. Couldnt put it down.

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