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Published by: IESE Business School
Originally published in: 1998
Version: February 2014
Revision date: 11-Jun-2014
Length: 12 pages
Data source: Generalised experience

Abstract

This note presents a basic model of the labour market. It shows the relation between the equilibrium in this market and the shape of the short and long run aggregate supply functions.

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Abstract

This note presents a basic model of the labour market. It shows the relation between the equilibrium in this market and the shape of the short and long run aggregate supply functions.

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