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24. Consider the Mortensen-Pissarides model studied in class. Suppose the wage, w, is constant. The firms' profits are taxed at rate T. The matching function is the same as the one used in class, the job destruction probability is s, labor productivity is y, and the cost to open a vacancy is k. Then, market tightness in equilibrium is: d. a. 1/2 [(1 + r) (y − w)₁¹. w) C. sAk [STK (Y - W) 1²/2 A [s(1 + r)(y-w)] Ak ² b. [stk( e. W (1-7) [SA(v=w) 1¹/² k 2 y-w)√² [A(1 – t)(y − w) sk

24. Consider the Mortensen-Pissarides model studied in class. Suppose the wage, w, is constant. The firms' profits are taxed at rate T. The matching function is the same as the one used in class, the job destruction probability is s, labor productivity is y, and the cost to open a vacancy is k. Then, market tightness in equilibrium is: d. a. 1/2 [(1 + r) (y − w)₁¹. w) C. sAk [STK (Y - W) 1²/2 A [s(1 + r)(y-w)] Ak ² b. [stk( e. W (1-7) [SA(v=w) 1¹/² k 2 y-w)√² [A(1 – t)(y − w) sk

Advanced Engineering Mathematics
Advanced Engineering Mathematics
10th Edition
ISBN:9780470458365
Author:Erwin Kreyszig
Publisher:Erwin Kreyszig
Chapter2: Second-order Linear Odes
Section: Chapter Questions
Problem 1RQ
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24. Consider the Mortensen-Pissarides model studied in class. Suppose the wage, w, is constant. The firms' profits are taxed at rate T. The matching function is the same as the one used in class, the job destruction probability is s, labor productivity is y, and the cost to open a vacancy is k. Then, market tightness in equilibrium is: [(1 + r) (y − w) d. a. b. C. 1/2 sAk [STK(y - w) 1¹/² v-w)1² A [s(1 + r) (y − w) Ak -7) [SA (V= x = w) 1³² sk (1) [SA(y-w)₁¹/2 e. [A(1 – t)(y-w) [A(1 –
Transcribed Image Text:24. Consider the Mortensen-Pissarides model studied in class. Suppose the wage, w, is constant. The firms' profits are taxed at rate T. The matching function is the same as the one used in class, the job destruction probability is s, labor productivity is y, and the cost to open a vacancy is k. Then, market tightness in equilibrium is: [(1 + r) (y − w) d. a. b. C. 1/2 sAk [STK(y - w) 1¹/² v-w)1² A [s(1 + r) (y − w) Ak -7) [SA (V= x = w) 1³² sk (1) [SA(y-w)₁¹/2 e. [A(1 – t)(y-w) [A(1 –
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