How Long to Read Search Frictions and the Labor Wedge

How Long Does it Take to Read Search Frictions and the Labor Wedge?

It takes the average reader and 31 minutes to read Search Frictions and the Labor Wedge by Mr.Andrea Pescatori

Assuming a reading speed of 250 words per minute. Learn more

Description

This paper shows that labor market search frictions do not explain fluctuations in the labor wedge per se. However, the introduction of extensive and intensive margin clarifies that measuring the MRS in terms of total hours artificially introduces procyclicality in the MRS. When the MRS is correctly measured in terms of hours per worker, the labor wedge obtained is less variable than the one of the competitive model. Finally, we show that it is possible to measure a strongly procyclical labor wedge when the actual data generating process is a search model that allows for movements in both margins.

How long is Search Frictions and the Labor Wedge?

Search Frictions and the Labor Wedge by Mr.Andrea Pescatori is 31 pages long, and a total of 7,781 words.

This makes it 10% the length of the average book. It also has 10% more words than the average book.

How Long Does it Take to Read Search Frictions and the Labor Wedge Aloud?

The average oral reading speed is 183 words per minute. This means it takes and 42 minutes to read Search Frictions and the Labor Wedge aloud.

What Reading Level is Search Frictions and the Labor Wedge?

Search Frictions and the Labor Wedge is suitable for students ages 8 and up.

Note that there may be other factors that effect this rating besides length that are not factored in on this page. This may include things like complex language or sensitive topics not suitable for students of certain ages.

When deciding what to show young students always use your best judgement and consult a professional.

Where Can I Buy Search Frictions and the Labor Wedge?

Search Frictions and the Labor Wedge by Mr.Andrea Pescatori is sold by several retailers and bookshops. However, Read Time works with Amazon to provide an easier way to purchase books.

To buy Search Frictions and the Labor Wedge by Mr.Andrea Pescatori on Amazon click the button below.