2 Suppose that there is a technological change that reduces the cost of recruiting for firms Using the two sided search model, determine the effects of this on the unemployment rate, the vacancy rate, the labor force, the number of firms and labor market tightness Use diagrams while doing your ana...

Technological change can become the source of a rise in unemployment not only when it reduces the de ...

2. Suppose that there is a technological change that reduces the cost of recruiting for firms....

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2. Suppose that there is a technological change that reduces the cost of recruiting for firms....

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