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Mismatch

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NBER2005-12-01 更新2025-01-04 收录
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This paper develops a dynamic model of mismatch. Workers and jobs are randomly assigned to labor markets. Each labor market clears at each instant but some labor markets have more workers than jobs, hence unemployment, and some have more jobs than workers, hence vacancies. As workers and jobs move

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2005-12-01
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