Fluctuations and rigidities in local labor markets, part 1: theory and evidence
Cyclical sensitivity in employment, wages, and hours worked are explored with reference to three industries and eleven US cities over the period 1972 - 1980. Conventional neoclassical discrete-exchange models of the labor market are shown to be inadequate because of marked rigidities in the patterns...
| Hlavní autor: | |
|---|---|
| Médium: | Journal article |
| Jazyk: | English |
| Vydáno: |
Pion Ltd.
1983
|
| Témata: |