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Boekhandel Douwes Den Haag

CREI Lectures in Macroeconomics

Labor Markets and Business Cycles

Robert Shimer

Labor Markets and Business Cycles

CREI Lectures in Macroeconomics

Labor Markets and Business Cycles

CREI Lectures in Macroeconomics: Labor Markets and Business Cycles

 

"No other book on labor markets and business cycles treats search and matching models with the same detail. This will be a standard reference for advanced graduate students and researchers who are familiar with modern dynamic programming techniques."--Monika Merz, Bonn University

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Beschrijving CREI Lectures in Macroeconomics: 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.

ISBN
9780691140223
Pagina's
192
Verschenen
Serie
CREI Lectures in Macroeconomics
NUR
782
Druk
1
Uitvoering
Hardback
Taal
Engels
Uitgever
Princeton University Press

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Bedrijfseconomie

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