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Unformatted text preview: Aghion et al. (2003) Openness and Economic Performance CONSTRAINTS TO PRODUCTION
FIX PRICE STATE A (PRO-WORKER) Supply function in A STATE B (PRO-EMPLOYER) Supply function in B Production Production 1 1 CONSTRAINTS TO PRODUCTION P DD SS
SS’ POST-REFORM EQUILIBRIUM
WITH PRICE ADJUSTMENT Y
STATE A (PRO-WORKER) STATE B (PRO-EMPLOYER) Production Supply function in A Supply function in B Production Production 1 Development Economics, LSE Summer School 2007 1 162 ...
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This note was uploaded on 12/29/2011 for the course ECO 307 taught by Professor Dublin during the Spring '10 term at SUNY Stony Brook.
- Spring '10