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~isPartOf:"CEPR Discussion Papers"
~person:"Acemoglu, Daron"
~person:"Huck, Steffen"
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Efficient Wage Dispersion
Acemoglu, Daron
;
Shimer, Robert
-
C.E.P.R. Discussion Papers
-
1997
, equilibrium wage dispersion is necessary for the economy to approximate
efficiency
. Without wage dispersion, workers do not search …
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