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employment and wage distribution under a frictional setting. I??review new developments in search theory and discuss the …
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"Most models on centralization in wage setting rest on the assumption of identical firms. This stands in sharp contrast to informal statements against centralization wich rest on the argument that firms are heterogenous and that equal treatment of firms by unions must therefore be ineffcient. We...
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employment and wage distribution under a frictional setting. I??review new developments in search theory and discuss the …
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