The Core-Periphery Model with Forward-Looking Expectations
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The 'core-periphery model' is vitiated by its assumption of static expectations. That is, migration (inter-regional or intersectoral) is the key to agglomeration, but migrants base their decision on current wage differences alone--even though migration predictably alters wages and workers are
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美国国家经济研究局创建时间：
1999-02-01
