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21-034/VI - Invariance of Unemployment and Vacancy Dynamics with Respect to Diminishing Returns to Labor at the Firm Level


  • Author
    Björn Brügemann, Vrije Universiteit Amsterdam
  • Publication date
    May 4, 2021
  • Keywords
    Diminishing returns, Diamond-Mortensen-Pissarides model, Aggregate unemployment dynamics, Calibration, Bargaining
  • JEL
    E24, E32, J64