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Labor Markets and Business Cycles integrates search and matching theory with the neoclassical growth model to better understand labor market outcomes. Robert Sh
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Type: BOOK - Published: 2020-05-29 - Publisher: International Monetary Fund

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Traditionally, economic growth and business cycles have been treated independently. However, the dependence of GDP levels on its history of shocks, what economi
The American Business Cycle
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In recent decades the American economy has experienced the worst peace-time inflation in its history and the highest unemployment rate since the Great Depressio
Labor Markets in the Twentieth Century
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The study of the labor market across the past hundred years reveals enormous progress and also that history repeats itself and has come full circle in some ways