Monetary, Fiscal, and Labor Market Policies in Frictional Economies by Alok Kumar

Monetary, Fiscal, and Labor Market Policies in Frictional Economies

Alok Kumar

156 pages missing pub info (editions)

nonfiction business economics
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Frictions in markets are all pervasive in real economies. They arise due to informational imperfections, heterogeneity among agents, the absence of perfect insurance markets, and limited mobility. The result is that trades in markets characterized...

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