Labor market dynamics: a time-varying analysis
This paper studies how key labor market stylized facts and the responses of labor market variables to technology shocks vary over the US postwar period. It uses a benchmark DSGE model enriched with labor market frictions and investment specific technological progress that enables a novel identifica...
| Glavni autori: | , |
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| Format: | Working paper |
| Izdano: |
University of Oxford
2014
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