Abstract
The set I = { 1,…,n } represents the different types of consumers. In period t δtℓ consumers of type i∈I are born. Again each consumer lives two periods. δ−1 is the growth rate of the population.
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© 1983 Springer-Verlag Berlin Heidelberg
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Müller, H.H. (1983). Formulation of the Model. In: Fiscal Policies in a General Equilibrium Model with Persistent Unemployment. Lecture Notes in Economics and Mathematical Systems, vol 216. Springer, Berlin, Heidelberg. https://doi.org/10.1007/978-3-642-48332-5_7
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DOI: https://doi.org/10.1007/978-3-642-48332-5_7
Publisher Name: Springer, Berlin, Heidelberg
Print ISBN: 978-3-540-12316-3
Online ISBN: 978-3-642-48332-5
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