A discrete monetary economic growth model with the MIU approach.
Zhang, Wei-Bin (2008)
Discrete Dynamics in Nature and Society
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Displaying similar documents to “A discrete heterogeneous-group economic growth model with endogenous leisure time.”
A discrete monetary economic growth model with the MIU approach.
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This article studies an equilibrium search problem when jobs provided by firms can be either unskilled or skilled and when workers differing in their education level can be either low-educated or high-educated. The structure proportion of jobs affects the equilibrium which indicates a threshold that can distinguish whether the equilibrium is separating or cross-skill. In addition, the cross-skill equilibrium solution implies the high-educated workers are more likely to obtain higher...