The Thick Market Effect on Local Unemployment Rate Fluctuations

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Li Gan ; Qinghua Zhang (2005)
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    • jel: jel:R23 | jel:J64

This paper studies how the thick market effect influences local unemployment rate fluctuations. The paper presents a model to demonstrate that the average matching quality improves as the number of workers and firms increases. Unemployed workers accumulate in a city unt... View more
  • References (11)
    11 references, page 1 of 2

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