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Efficient Firm Dynamics in a Frictional Labor Market

  • Philipp Kircher

    (University of Oxford and University of Pennsylvania)

  • Leo Kaas

    (University of Konstanz)

We propose a model of directed search with multi-worker firms, and show its properties for the growth dynamics of firms and the market efficiency.

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Paper provided by Society for Economic Dynamics in its series 2010 Meeting Papers with number 89.

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Date of creation: 2010
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Handle: RePEc:red:sed010:89
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