Lecture 7 21

Lecture 7 21 - vacancies is determined so to find out what...

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The Job Creation Curve While b, s, i, and mm are pre-determined, the number of vacancies depends on labor demand. We need to know how the number of
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Unformatted text preview: vacancies is determined, so to find out what u* is. • To do so, we need to model labor demand...
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This note was uploaded on 04/03/2011 for the course ECON 2021 taught by Professor Mok during the Spring '11 term at HKU.

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