Barlevy, Gadi (contributor); Tsiddon, Daniel (contributor) - 2004 - [Elektronische Ressource]
working. Worker
i’s output at date t is given by
y
it
= z
t
s
it
(1−n
it
) (1.1)
where z
t
denotes the productivity of the … learning
is the value of producing output. This feature will be especially important when we introduce
cyclical fluctuations … finds that over the
same period, in 11 out of the 14 industries he examines, the wage gap between the top quartile and the …