LIBROS DEL AUTOR: regis barnichon

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  • International Finance Discussion Papers
    Andrew Figura / Regis Barnichon / United States Federal Reserve Board
    This paper presents a framework to interpret movements in the Beveridge curve and analyze unemployment fluctuations. We decompose the unemployment rate into three main components: (1) a component driven by changes in labor demand--movements along the Beveridge curve and shifts in the Beveridge curve due to layoffs--(2) a component driven by changes in labor supply--shifts in th...
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