A model of long-term contracts
"Long-term contracts are explained as equilibrium strategies of supergames. In the specific coherent general equilibrium model provided, limited mobility of labor, in the form of a fixed cost of moving, generates long-term contracts"--Federal Reserve Bank of Minneapolis web site
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| Format: | UnknownFormat |
| Sprache: | eng |
| Veröffentlicht: |
Minneapolis
1980
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| Schriftenreihe: | Research Department staff report Federal Reserve Bank of Minneapolis
47 Staff report Federal Reserve Bank of Minneapolis 47 |
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Tag hinzufügen | Zusammenfassung: | "Long-term contracts are explained as equilibrium strategies of supergames. In the specific coherent general equilibrium model provided, limited mobility of labor, in the form of a fixed cost of moving, generates long-term contracts"--Federal Reserve Bank of Minneapolis web site |
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| Beschreibung: | Kopie |
| Beschreibung: | 4 Bl |