Suppose that economic fluctuations are caused by shocks to the technology level.  a. What do you predict for the cyclical behavior of job vacancies? b. How then would fluctuations in vacancies relate to fluctuations in the unemployment rate?

Suppose that economic fluctuations are caused by shocks to the technology level. a. What do you predict for the cyclical behavior of job vacancies? b. How then would fluctuations in vacancies relate to fluctuations in the unemployment rate?

Suppose that economic fluctuations are caused by shocks to the technology level.

a. What do you predict for the cyclical behavior of job vacancies?
b. How then would fluctuations in vacancies relate to fluctuations in the unemployment rate?


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