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Efficiency Wage and Endogenous Job Destruction in the DMP Model----- an Extension

Bandopadhyay, Titas Kumar (2014): Efficiency Wage and Endogenous Job Destruction in the DMP Model----- an Extension.

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Abstract

This paper introduces efficiency wage relation and assumes endogenous job destruction in the benchmark DMP model. A comparative static analysis has also been made which shows that most of the results obtained in the DMP model get altered in the extended model

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