Aggregate Implications of Indivisible Labor, Incomplete Markets, and Labor Market Frictions
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https://www.nber.org/papers/w13871
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资源简介:
This paper analyzes a model that features frictions, an operative labor supply margin, and incomplete markets. We first provide analytic solutions to a benchmark model that includes indivisible labor and incomplete markets in the absence of trading frictions. We show that the steady state levels of
提供机构:
美国国家经济研究局
创建时间:
2008-03-01



