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245
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A large firm model of the labor market with entry, exit and search frictions
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Keywords: large firm, matching frictions, entry, exit, unemployment
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Resumen / Abstract : |
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I augment the standard large-firm matching model with a firm process of entry and exit. This extension requires the analysis of firm-level dynamics, which I present in this note. I also show the equivalence of the model with the one-worker firm model from Pissarides (2000). JEL: J63.
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