Showing 1 - 2 of 2
all the above facts, but only if one is willing to assume a high labor supply elasticity (2 percent) and a high markup (40 …
Persistent link: https://www.econbiz.de/10005724339
goods prices. We describe an extended version of this model with variable elasticity of demand of the differentiated goods …
Persistent link: https://www.econbiz.de/10005726270