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In this paper, we analyze the dynamic behaviour of employment and hours worked per worker in a stochastic general equilibrium model with a matching mechanism between vacancies and unemployed workers. The model is estimated for the United States using the Generalized Methods of Moments (GMM)...
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Water availability is a key biophysical factor determining agricultural production potential. The FAO crop water response model AquaCrop was developed to estimate crop production under water limiting conditions. This model uses the normalized water productivity, WP* (gm−2d−1), to estimate...
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