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- W1982248492 abstract "Abstract In this short note, I reinvestigate a recent paper of Azariadis and Pissarides (Unemployment dynamics with international capital mobility, European Economic Review, 2007(51), 27–48) where wages are determined in a competitive search setting. I show that their equation on the equilibrium wage rate is incorrect. I derive a correct wage equation and perform the numerical analysis. The correction does not change their result and high capital mobility still raises the variability of the unemployment rate." @default.
- W1982248492 created "2016-06-24" @default.
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- W1982248492 date "2011-02-01" @default.
- W1982248492 modified "2023-09-26" @default.
- W1982248492 title "A note on the competitive search model of Azariadis and Pissarides" @default.
- W1982248492 cites W2054454033 @default.
- W1982248492 doi "https://doi.org/10.1016/j.euroecorev.2010.06.001" @default.
- W1982248492 hasPublicationYear "2011" @default.
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