Determine the effects of an increase in the separation rate, s, on the reservation wage and on

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Determine the effects of an increase in the separation rate, s, on the reservation wage and on the long-run unemployment rate in the one-sided search model of unemployment. Explain your results.

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Macroeconomics

ISBN: 978-0134472119

6th Edition

Authors: Stephen D. Williamson

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Question Posted: Dec 05, 2018 05:04 AM

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Determine the effects of an increase in the separation rate, s, on the reservation wage and on

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If the separation rate s increases this has two effects In Figure 614 this shifts down the ...View the full answer

Macroeconomics

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