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hysteresis, monetary policy, multiple steady states, skill depreciation
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hysteresis, monetary policy, multiple steady states, path dependence, skill depreciation
Multiple Applications, Inflows, Outflows, Unemployment, Costly Information
replacement hiring, productivity-wage gap, unemployment, labor share, efficiency
rational inattention, hiring behavior, matching efficiency, composition of unemployed
Labor Share, on-the-job search, Productivity-wage gap, Replacement hiring, unemployment
