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A general equilibrium framework is developed for analyzing the role of immobile factors of production which produce inputs for other sectors.
Persistent link: https://www.econbiz.de/10005515485
The essential idea of equilibrium search models of labor market behavior is that wage policy matters. In this paper we provide for estimating equilibrium search models using a non-parametric estimator of heterogeneity.
Persistent link: https://www.econbiz.de/10005515532
Persistent link: https://www.econbiz.de/10005212392