Economics, Demography and Communication
This paper presents a model in which agents are distinguished by their characteristics, exchange of goods requires communication between firms and their customers, and agents with similar characteristics communicate more effectively. This setup delivers a body of testable impliactions about the matching of workers to jobs, the associated wages and product prices and the manner in which job assignments, wages, and prices responde to changes in the parameters of the economy.
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|Date of creation:||1997|
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