Yashiv, Eran - C.E.P.R. Discussion Papers - 2007
The picture of U.S. labour market dynamics is opaque. Empirical studies have yielded contradictory findings and debates … understanding of the operation of the labour market, for the study of business cycles, for the explanation of wage behaviour, and … differs across studies and is not high. The definite characterization of labour market dynamics depends upon the closing of …