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A matching model with labor/leisure choice and bargaining frictions is used to explain (i) differences in GDP per hour … is similar in both economies, the share of part-time work is larger. -- model of search and matching ; bargaining …
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We use matched employer-employee data and firm balance sheet data to investigate the importance of firm productivity and firm labor market power in explaining firm heterogeneity in wage formation. We use a linear regression model with one interacted high dimensional fixed effect to estimate...
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