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production determined by a matching process between workers and jobs. Macroeconomic equilibrium (national savings equal to …
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production determined by a matching process between workers and jobs. Macroeconomic equilibrium (national savings equal to …
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production determined by a matching process between workers and jobs. Macroeconomic equilibrium (national savings equal to … real wages relative to productivity. Unemployment Benefits, Efficient Taxation, Matching, Factor Prices …
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production determined by a matching process between workers and jobs. Macroeconomic equilibrium (national savings equal to …
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This paper presents a model in which firms recruit both unemployed and employed workers by posting vacancies. Firms act monopsonistically and set wages to retain their existing workers as well as to attract new ones. The model differs from Burdett and Mortensen (1998) in that its assumptions...
Persistent link: https://www.econbiz.de/10003715729
"This paper presents a model in which firms recruit both unemployed and employed workers by posting vacancies. Firms act monopsonistically and set wages to retain their existing workers as well as to attract new ones. The model differs from Burdett and Mortensen (1998) in that its assumptions...
Persistent link: https://www.econbiz.de/10003640774
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