We present a general equilibrium model where the Walrasian labor market is replaced by a setup in which unemployed workers search for employment opportunities.
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Paper provided by Rochester, Business - Financial Research and Policy Studies in its series Papers with number
97-04.
Length: 29 pages Date of creation: 1997 Date of revision: Handle: RePEc:fth:robufr:97-04
Contact details of provider: Postal: UNIVERSITY OF ROCHESTER, WILLIAM E. SIMON GRADUATE SCHOOL OF BUSINESS ADMINISTRATION, Bradley Policy Research Center, ROCHESTER NEW YORK 14627 U.S.A. Email: Web page: http://www.simon.rochester.edu/ More information through EDIRC
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Find related papers by JEL classification: C53 - Mathematical and Quantitative Methods - - Econometric Modeling - - - Forecasting and Other Model Applications J21 - Labor and Demographic Economics - - Demand and Supply of Labor - - - Labor Force and Employment, Size, and Structure