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Matthew Schaffer

Labor Market Effects in the Austrian Business Cycle Theory

Quarterly Journal of Austrian Economics

Author: Matthew Schaffer

Online Publish Date: January 29, 2018

Category: Business Cycles, Monetary Theory

Quarterly Journal of Austrian Economics 20, no. 3 (Fall 2017) Abstract: An open question in the Austrian business cycle theory is how labor markets across the structure of production react to broader changes in the economy. Particularly, how do labor market conditions in industries at different stages of production respond to changes in monetary

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