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"One of the most robust findings emerging from studies of industrial agglomeration is the rise in productivity that …
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explained by the standard general equilibrium theory if consumption demand is treated as the primary source of aggregate …
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predictions of interest rates based on a general equilibrium theory are partially consistent with US data"--Federal Reserve Bank …
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productivity by increasing the rate at which individuals acquire skills. One largely unexplored implication of this theory is that … productivity through a job search and matching process and, thus, that an important aspect of 'learning' in cities may involve …
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