Labor Markets and Business Cycles 在線電子書 pdf 下載 txt下載 epub 下載 mobi 下載 2024


Labor Markets and Business Cycles

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Robert Shimer 作者
Princeton University Press
譯者
2010-4-12 出版日期
208 頁數
USD 45.00 價格
Hardcover
叢書系列
9780691140223 圖書編碼

Labor Markets and Business Cycles 在線電子書 圖書標籤: 宏觀經濟學  經濟學  Macroeconomics  Economics   


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Labor Markets and Business Cycles 在線電子書 epub 下載 mobi 下載 pdf 下載 txt 下載 2024

Labor Markets and Business Cycles 在線電子書 epub 下載 pdf 下載 mobi 下載 txt 下載 2024

Labor Markets and Business Cycles 在線電子書 pdf 下載 txt下載 epub 下載 mobi 下載 2024



Labor Markets and Business Cycles 在線電子書 用戶評價

評分

Shimer puzzle at extreme. He shows productivity shocks have no effect on unemployment fluctuation and various basic extension produce quantitatively small unemployment fluctuation. Only rigid wage can help. Shimer really stresses analytical elegance and even hand solve linearization models. Great and better if covers basic DMP models.

評分

Shimer puzzle at extreme. He shows productivity shocks have no effect on unemployment fluctuation and various basic extension produce quantitatively small unemployment fluctuation. Only rigid wage can help. Shimer really stresses analytical elegance and even hand solve linearization models. Great and better if covers basic DMP models.

評分

Shimer puzzle at extreme. He shows productivity shocks have no effect on unemployment fluctuation and various basic extension produce quantitatively small unemployment fluctuation. Only rigid wage can help. Shimer really stresses analytical elegance and even hand solve linearization models. Great and better if covers basic DMP models.

評分

Shimer puzzle at extreme. He shows productivity shocks have no effect on unemployment fluctuation and various basic extension produce quantitatively small unemployment fluctuation. Only rigid wage can help. Shimer really stresses analytical elegance and even hand solve linearization models. Great and better if covers basic DMP models.

評分

Shimer puzzle at extreme. He shows productivity shocks have no effect on unemployment fluctuation and various basic extension produce quantitatively small unemployment fluctuation. Only rigid wage can help. Shimer really stresses analytical elegance and even hand solve linearization models. Great and better if covers basic DMP models.

Labor Markets and Business Cycles 在線電子書 著者簡介


Labor Markets and Business Cycles 在線電子書 著者簡介


Labor Markets and Business Cycles 在線電子書 pdf 下載 txt下載 epub 下載 mobi 在線電子書下載

Labor Markets and Business Cycles 在線電子書 圖書描述

"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 equal the marginal product of labor. According to competitive models of the labor market, the labor wedge should be constant and equal to the labor income tax rate. But in U.S. data, the wedge is strongly countercyclical, making it seem as if recessions are periods when workers are dissuaded from working and firms are dissuaded from hiring because of an increase in the labor income tax rate. When job searches are time consuming and wages are flexible, search frictions - the cost of a job search - act like labor adjustment costs, further exacerbating inconsistencies between the competitive model and data. The book shows that wage rigidities can reconcile the search model with the data, providing a quantitatively more accurate depiction of labor markets, consumption, and investment dynamics. Developing detailed search and matching models, "Labor Markets and Business Cycles" will be the main reference for those interested in the intersection of labor market dynamics and business cycle research.

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