{"product_id":"9780691140223","title":"Labor Markets and Business Cycles (Crei Lectures in Macroeconomics)","description":"\u003cp\u003eShows analytically and quantitatively that rigid wages are important for explaining the volatile behavior of the unemployment rate in business cycles. This book focuses on the labor wedge that arises when the marginal rate of substitution between consumption and leisure does not equal the marginal product of labor.\u003c\/p\u003e","brand":"Princeton University Press","offers":[{"title":"Default Title","offer_id":52276940276023,"sku":"00000_00000_00000_00000","price":547.21,"currency_code":"MYR","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0962\/3548\/7543\/files\/9780691140223-1.jpg?v=1783120443","url":"https:\/\/kinokuniya.com.my\/products\/9780691140223","provider":"Books Kinokuniya Malaysia","version":"1.0","type":"link"}