This preview shows page 1. Sign up to view the full content.
Unformatted text preview: Competition from abroad The job separation rate is exogenous in our model, because of its relative stability over long periods of time and difficulty of modelling it precisely. f s b s b u + + + = *...
View Full Document
This note was uploaded on 04/03/2011 for the course ECON 2021 taught by Professor Mok during the Spring '11 term at HKU.
- Spring '11