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nyu labor econ Individuals are in the labor market for three periods, t = 1, 2, 3 (a) What are the reservation wages of unemployed
nyu labor econ Individuals are in the labor market for three periods, t = 1, 2, 3 (a) What are the reservation wages of unemployed people searching for employment in each period? (b) What proportion of the population is unemployed at the end of periods 1, 2, and 3
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Microeconomics
Authors: Douglas Bernheim, Michael Whinston
2nd edition
73375853, 978-0073375854
