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One conventional view on how wages are deterMake sure to include explanation of why the number of products increases by less under translog preferences than
One conventional view on how wages are deterMake sure to include explanation of why the number of products increases by less under translog preferences than under C.E.S. Dixit-Stiglitz preferences. (Note: Explain does not mean describe. It means explain using economic intuition for what the responses show.)mined in the search-and-matching framework is via Nash bargaining.A second conventional view on how wages are determined in the search-and- matching framework
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