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Labor Markets and Business Cycles - CREI Lectures in Macroeconomics Robert Shimer
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Labor Markets and Business Cycles - CREI Lectures in Macroeconomics
Robert Shimer
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.
192 pages, 14 line illus. 16 tables.
| Medios de comunicación | Libros Hardcover Book (Libro con lomo y cubierta duros) |
| Publicado | 2 de mayo de 2010 |
| ISBN13 | 9780691140223 |
| Editores | Princeton University Press |
| Páginas | 192 |
| Dimensiones | 166 × 240 × 23 mm · 442 g |
| Lengua | Inglés |
