Can market-clearing models explain U.S. labor market fluctuations?.

A simple market-clearing framework is developed that demonstrates how more realistic treatment of employment and incomplete risk-sharing may provide an alternative approach to better account for these labor market facts.

Main Author: Li, Victor.
Language: English
Published: 1999
Online Access: http://ezproxy.villanova.edu/login?url=https://digital.library.villanova.edu/Item/vudl:178034