boom-bust cycles in its oil sector, we compare oil entrants with closelymatched workers hired into other sectors in the … workers hired into oil at the onset of a boom reap persistent earnings premiums across the boom-bust cycle. For most later … occupations insulates high-education early entrants from downturns, while a boom in sector-specific training programs intensifies …

pro-cyclical nature of commodity-based growth, financial volatility, and the vulnerability to global boom-bust cycles …

traders may cause boom-bust dynamics. Moreover, we show that a heightened belief among agents that the fundamental value is …