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In his q theory of investment, in his analysis of money demand and portfolio choice, and in his analysis of … was informed by his close study of John Maynard Keynes’s Treatise on Money (1930), especially Keynes's Q theory of … investment, and Keynes’s General Theory (1936), especially Chap. 19 on what happens when money wages are flexible, and of Irving …
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Combining a spatial equilibrium model with a search-matching unemployment model, this paper analyzes the willingness to pay for regional amenities and the regional quality of life when wages, rents, and unemployment risk compensate for local amenities and disamenities. The results are compared...
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Migration interacts with the domestic labour market through the increase in labour supply from immigration when labour market conditions improve and labour market tightness increases. Lozej studies the amplification mechanism that arises when there are search frictions, as it becomes more...
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