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-Stiglitz-Krugman model. Later we reflect on wage inequality and unemployment providing some interesting results. …
Persistent link: https://www.econbiz.de/10012603414
This paper explores the short run, medium run and long run impact of pandemic on the contact intensive entertainment industry in terms of a simple general equilibrium model that can accommodate for unemployment and underemployment. Finite change as a response to large shocks may lead to...
Persistent link: https://www.econbiz.de/10013455828
This paper attempts to build up a Heckscher-Ohlin-Samuelson model of production and trade where capital is introduced outside the production process as a financial capital or credit as per the classical Ricardian wage fund framework. Stock of credit or financial capital as past savings, finances...
Persistent link: https://www.econbiz.de/10013479581