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Labor Markets and Business Cycles - Robert Shimer - Bog

Bag om Labor Markets and Business Cycles

Shows analytically and quantitatively that rigid wages are important for explaining the volatile behavior of the unemployment rate in business cycles. This book focuses on the labor wedge that arises when the marginal rate of substitution between consumption and leisure does not equal the marginal product of labor.

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  • Sprog:
  • Engelsk
  • ISBN:
  • 9780691140223
  • Indbinding:
  • Hardback
  • Sideantal:
  • 192
  • Udgivet:
  • 2. maj 2010
  • Størrelse:
  • 166x240x23 mm.
  • Vægt:
  • 442 g.
  • Ukendt - mangler pt..
Forlænget returret til d. 31. januar 2025

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Beskrivelse af Labor Markets and Business Cycles

Shows analytically and quantitatively that rigid wages are important for explaining the volatile behavior of the unemployment rate in business cycles. This book focuses on the labor wedge that arises when the marginal rate of substitution between consumption and leisure does not equal the marginal product of labor.

Brugerbedømmelser af Labor Markets and Business Cycles



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