Per Krusell (Princeton University) Toshihiko Mukoyama (University of Virginia) Aysegul Sahin (Federal Reserve Bank of New York) Anthony A. Smith, Jr. (Yale University)
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This paper offers several appendices for the article: the integration principle applied to the baseline model, the computational algorithm for the baseline model, calculating the welfare gain, algorithm for the model with short- and long-term unemployment, as well as additional result tables.
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Paper provided by Review of Economic Dynamics in its series Technical Appendices with number
08-211.
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