Discuss how incorporating a participation decision into a standard New Keynesian model with matching frictions show that
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Discuss how incorporating a participation decision into a standard New Keynesian model with matching frictions show that market tightness becomes endogenously more volatile because both the opportunity cost of home production and the reservation wage vary with participation. Your answer should rely heavily from the text Campoli and Katz
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International Marketing And Export Management
ISBN: 9781292016924
8th Edition
Authors: Gerald Albaum , Alexander Josiassen , Edwin Duerr
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