| Article ID | Journal | Published Year | Pages | File Type |
|---|---|---|---|---|
| 5055644 | Economic Modelling | 2011 | 9 Pages |
Abstract
⺠I study the efficiency of two-sided investments in a two-sector search model. ⺠The equilibrium is inefficient under the Hosios (1990) condition. ⺠Too few workers and too high vacancy-unemployment ratio in the high-wage sector.
Related Topics
Social Sciences and Humanities
Economics, Econometrics and Finance
Economics and Econometrics
Authors
Lucas Navarro,