G2TT
来源类型Discussion paper
规范类型论文
来源IDDP4115
DP4115 Good Jobs, Bad Jobs and Redistribution
Kjell Erik Lommerud; B. Sandvik
发表日期2003-11-23
出版年2003
语种英语
摘要Economic decisions such as occupational and entrepreneurial choices may violate true comparative advantage when economic agents are uncertain about which activity best matches their talents. If relative performance varies over the business cycle (for instance, if downturns affect disproportionately those who are pursuing the wrong activity), then economic fluctuations may affect the probability and persistence of resource mismatches. The present work offers a novel, informational perspective to the business cycle and provides a link between aggregate fluctuations and the long-term allocation of resources.
主题International Macroeconomics
关键词Business cycles Incomplete information Matching Comparative advantage Stabilization
URLhttps://cepr.org/publications/dp4115
来源智库Centre for Economic Policy Research (United Kingdom)
资源类型智库出版物
条目标识符http://119.78.100.153/handle/2XGU8XDN/533090
推荐引用方式
GB/T 7714
Kjell Erik Lommerud,B. Sandvik. DP4115 Good Jobs, Bad Jobs and Redistribution. 2003.
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