A negative shock to the economy,by remixing opportunities,induces more job searching and thus causes more search-related employment.
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Q183: The high cost of reversing job decisions
Q184: Negative shocks also increase certainty,which is bad
Q185: Most people prefer parties at which all
Q186: A collateral shock can either increase or
Q187: Marriage is a kind of irreversible investment.
Q189: Time bunching explains why more investment occurs
Q190: Uncertainty usually slows investment and keeps resources
Q191: The construction of a home is an
Q192: While people are making necessary but costly
Q193: Time bunching refers to the fact that
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