Does Labor Supply Matter During a Recession? Evidence from the Seasonal Cycle
NBER Working Paper No. 16357
---- Acknowledgements -----
I appreciate comments by Gary Becker, Gauti Eggertsson, Jeff Miron, Kevin Murphy, and a number of University of Chicago students. I will provide updates on this work on my blog www.panic2008.net. The views expressed herein are those of the author and do not necessarily reflect the views of the National Bureau of Economic Research.