Inter- and intrasectoral shocks: effects on the unemployment rate.

Intersectoral shocks require resource reallocation across sectors while intrasectoral shocks require resource reallocation within sectors. A crucial difference between these shocks is that the former require much higher adjustment costs than the latter. Using accounting data to calculate returns on...

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Detalles Bibliográficos

Publicado en:	Journal of Labor Economics Vol. 15; pp. 376 - 402
Autor principal:	Shin, Kwanho
Formato:	Artículo
Publicado:	University of Chicago Press April 1997
Materias:	Resource allocation > Mathematical models Mathematical models of unemployment Production functions (Economic theory) Capital investments Rate of return
Acceso en línea:	Ver este registro en EBSCOhost