Financial Frictions, Occupational Choice and Economic Inequality
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Capital-skill complementarity in production implies non-trivial interactions between availability of human capital and financial constraints. Firms that ...
Cities thrive through the diversity of their occupants because the availability of complementary skills enables firms in the formal sector to grow, ...
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For young job seekers barriers to labor market entry are high, especially in developing countries were information frictions are large. Can first job ...