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In Becker's (1973) neoclassical marriage market model, matching is positively assortative if types are complements: i.e. match output is supermodular. We reprise this famous result assuming time-intensive partner search and transferable output. We prove existence of a search equilibrium with a...
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We study the provision of dynamic incentives to self-interested politicians who control the allocation of resources in the context of the standard neoclassical growth model. Citizens discipline politicians using elections. We show that the need to provide incentives to the politician in power...
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This paper presents three sets of results about equilibrium bias of technology. First, I show that when the menu of technological possibilities only allows for factor-augmenting technologies, the increase in the supply of a factor induces technological change relatively biased toward that...
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