Partial equilibrium 

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Flexibility, Dualism and the Great Recession
... by )w( (rt) even for lower x, w(x) setting. partial equilibrium of two-tier reforms increase wage differentials between entry jobs ... by )w( (rt) even for lower x, w(x) setting. partial equilibrium of two-tier reforms increase wage differentials between entry jobs ... by )w( (rt) even for lower x, w(x) setting. partial equilibrium of two-tier reforms increase wage differentials between entry jobs ...
cpb.nl

paper-flex-martin-2.pdf
... market imperfections or uncertainty about the future of the firm may weaken these channels. equilibrium models of the labour market (e.g. bentolila and bertola, 1990; bertola, 1990) suggest ... to longer spells of joblessness. 18 . in principle, this statement should refer only to partial-equilibrium labour demand effects. 19. these results are robust to various sensitivity checks; see bassanini ...
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Report FM
... peripheral countries, leaving them exposed to serious losses. as a result, adjustment to a new equilibrium will be bumpier for core countries than for peripheral countries which will benefit from ... break-up scenario end year forecasts source ecowin, ing projections source ing 2012 could see partial recovery as credibility is rebuilt corporate defaults and distress selling could see credit spreads ...
ing.nl