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Amid total factor productivity (TFP) shocks job-to-job flows amplify the volatility of unemployment, but the aggregate …
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consumption and output volatility, but generates larger unemployment fluctuations in response to productivity shocks; the same …
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consumption and output volatility, but generates larger unemployment fluctuations in response to productivity shocks; the same …
Persistent link: https://www.econbiz.de/10013023271
Amid total factor productivity (TFP) shocks job-to-job flows amplify the volatility ofunemployment, but the aggregate …
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