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Anatomy of the Pass-through of Productivity Shocks
Workers experience labor income risk when employers adjust their hourly wages, hours worked, and their separation rates into …
Andrei Zaloilo, Pablo Mileni Munari, Wenxuan Xu
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Heterogeneous Wage Cyclicality and Unemployment Fluctuations
Estimate wage cyclicality across jobs with different hiring pools. Firms hiring unemployed workers have the most rigid wages, which helps amplify unemployment volatility.
Andrei Zaloilo
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