changes in the age composition of the labor force account for a significant fraction of the variation in business cycle volatility observed in the US and other G7 economies.From a paper by Nir Jaimovich and Henry E. Siu.
changes in the age composition of the labor force account for a significant fraction of the variation in business cycle volatility observed in the US and other G7 economies.From a paper by Nir Jaimovich and Henry E. Siu.
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