Labor Markets and Business Cycles (CREI Lectures in Macroeconomics)

New
Hardcover
2010
$79.50

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.

Synopsis

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.

$79.50

Quantity

2 in stock

More Information

Format: Hardcover
Pages: 208
Edition: 1st Edition
Publisher: Princeton University Press
Published: 02 May 2010
ISBN 10: 0691140227
ISBN 13: 9780691140223

Labor Markets and Business Cycles (CREI Lectures in Macroeconomics)

New

$79.50

Synopsis

$79.50

More Information