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Terry L. Roe • Rodney B.W. Smith D. §irin Saracoglu Multisector Growth Models Theory and Application 4y …
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We develop a model where information about jobs is essentially obtained through friends and relatives, i.e. strong and weak ties. Workers commute to a business center to work and to interact with other people. We find that housing prices increase with the level of social interactions in the city...
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fundamental statistical concepts of point process theory, we review duration-based and intensity-based models of financial point …
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