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Financial Shocks and Labour Market Fluctuations with Financial Frictions

Asadollah Farzin Vash; Mohammad Ali Ehsani; Hadi Keshavarz

Volume 19, Issue 59 , July 2014, , Pages 1-37

Abstract
  The financial crisis of 2007 showed that the impact of financial markets on macroeconomic developments is deep. The labor market was affected by financial variables. In this paper, the impact of financial shocks on labor market fluctuations with financial frictions in the the Iranian economy is investigated. ...  Read More