Title:

The Brevity and Violence of Contractions and Expansions

Authors:

Alisdair McKay (Princeton U)
Ricardo Reis (Princeton U)

Journal:

Journal of Monetary Economics

Year:

2008

Volume:

55

Pages:

738-751

JEL codes:

E24 - Macroeconomics: Employment; Unemployment; Wages; Intergenerational Income Distribution (includes wage indexation)
E32 - Business Fluctuations; Cycles