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Persistent link: https://www.econbiz.de/10005522864
This paper describes how factor markets are presented in applied equilibrium models and how we plan to improve and to extend the presentation of factor markets in two specific models: MAGNET and ESIM. We do not argue that partial equilibrium models should become more ‘general’ in the sense...
Persistent link: https://www.econbiz.de/10010910332