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Friday, November 20, 2009

What Causes Employment to Lag Output in Recoveries?

At MoneyWatch, I attempt to explain why employment lags output in recoveries, and why the lag has been increased after 1990:

What Causes Employment to Lag Output in Recoveries?

I give three reasons, and then use one of them to try to explain the increased lag since 1990.

    Posted by on Friday, November 20, 2009 at 01:44 PM in Economics, Unemployment | Permalink  TrackBack (0)  Comments (59)

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