
Hysteresis via Endogenous Rigidity in Wages and Participation
Author(s) -
Cynthia L. Doniger,
J. David LópezSalido
Publication year - 2018
Publication title -
finance and economics discussion series
Language(s) - English
Resource type - Journals
eISSN - 2767-3898
pISSN - 1936-2854
DOI - 10.17016/feds.2017.044r1
Subject(s) - economics , unemployment , complementarity (molecular biology) , labour economics , wage , welfare , hysteresis , productivity , rigidity (electromagnetism) , macroeconomics , market economy , structural engineering , engineering , genetics , physics , quantum mechanics , biology