tag:blogger.com,1999:blog-5713178645208582139.post4004413208911309853..comments2024-03-22T02:37:15.030-05:00Comments on Macro Musings Blog: Labor Market DynamicsDavid Beckworthhttp://www.blogger.com/profile/04577612979801459194noreply@blogger.comBlogger2125tag:blogger.com,1999:blog-5713178645208582139.post-38170680500477289512008-05-07T09:35:00.000-05:002008-05-07T09:35:00.000-05:00It certainly seems that labor volatility has decre...It certainly seems that labor volatility has decreased along<BR/>with output volatility.<BR/>And wouldn't the basic macro model predict that? If the shocks to productivity that drive the economy moderate, then output and employment volatility should be lower.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-5713178645208582139.post-86068585605119045112008-05-02T12:11:00.000-05:002008-05-02T12:11:00.000-05:00Maybe seasonal stuff and trend change is what's ca...Maybe seasonal stuff and trend change is what's causing your inability to replicate claim #1. Why not Hodrick-Prescott it?Gabriel Mhttps://www.blogger.com/profile/18020403326536585795noreply@blogger.com