Are the statements in the paragraph below correct or incorrect? Explain.
Labour economics Word limit: 1000 (10% above this word limit is acceptable) Question Are the statements in the paragraph below correct or incorrect? Explain. The answer must include one mathematical expression, and not more than one. “Consider the Burdett-Mortensen model of on-the-job search studied in lectures. If the assumption of on-the-job search is removed, then […]