Main description: 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...

Contents -- Preface -- 1. Introduction / Martin Andersson, Lina Bjerke and Charlie Karlsson -- Part I: Geography of structural change, employment and productivity -- 2. Exploring regional differences in the regional capacity to absorb displacements / Kristina Nyström and Ingrid Viklund Ros --...