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Nominal wage adjustment is modeled as resulting from bargaining between a risk neutral …rm and a risk averse worker, in an environment where the rate of in‡ation is a random variable. Risk aversion makes for endogenous indexation arrangements, which deliver partial indexation as they exploit...
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In this paper we assess the appeal of potential interventions on the tourism offer of Rimini, a popular Italian seaside holiday destination, by means of a choice modelling analysis. Tourism can be viewed as a composite good, its overall utility depending on the arrangement of the component...
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