Second, by including a discount factor shock (or more generally a savings shock) into the model. 3.1. Model This section summarizes the key elements of the model. The complete specification of the nonlinear and linearized formulation of the model is provided in the Technical Appendix available ...
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differs from EHL in two ways. First, by allowing forKimball (1995)aggregators in price- and wage-setting (with the standardDixit and Stiglitz, 1977specification used by EHL as a special case). Second, by including a discount factor shock (or more generally a savings shock) into the model...
communities as natives or autochthonous in order to specify that the main difference between them and refugees is the birth-country.) This image hinders the recognition of “refugee belongingness” to the resettlement community and the chance to identify how they actively participate in its ...