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Resumen de Comments and discussion

Robert E. Hall, James H. Stock

  • The article offers the authors comment on the paper "Labor Force Participation: Recent Developments and Future Prospects" by Stephanie Aaronson and colleagues. The author says that Aaronson and her colleagues tackle the question on how much of the decline in labor-force participation is the result of the slack labor market from the great recession. He says that it is useful to have an interplay model of the labor-market slackness and participation to understand the issues the paper considers


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