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Employment compensation / New classical macroeconomics / Unemployment / Real wage / Claudia Goldin / New Keynesian economics / Real business cycle theory / Real rigidity / Macroeconomics / Economics / Labor economics
Date: 2007-04-16 13:02:43
Employment compensation
New classical macroeconomics
Unemployment
Real wage
Claudia Goldin
New Keynesian economics
Real business cycle theory
Real rigidity
Macroeconomics
Economics
Labor economics

NBER Working Paper #3198 December 1989 WAGES, PRICES, AND LABOR MARKETS BEFORE THE CIVIL WAR ABSTRACT Two opposing views of the antebellum economy are tested. One is that aggregate economic activity was severely diminis

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