Economic Insights — The author of this issue's article about firm-level wage policies, wage rigidity, and business cycles explains what drew her to macroeconomics and what she hopes to learn about labor markets with search and wage-setting frictions.
Leena Rudanko's early education in math has served her well as one of the Philadelphia Fed's leading macroeconomists. In this Q&A, she describes what she hopes to learn by combining contracting frictions and labor market searches when thinking about the labor market and its role in macroeconomic fluctuations.
This article appeared in the First Quarter 2025 issue of Economic Insights. Download and read the full issue.