You *cannot* make general equilibrium conclusions from partial equilibrium studies. You *cannot* conclude from this paper that more immigration would be good (1/2) @ATabarrokhttps://twitter.com/landryst/status/1217456458582851584 …
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i have a very unsuccessful paper that tries to pull the labor market, the product market, the entrepreneurial process/VC financing into one model. In the model, more labor => more potential ideas explored => higher welfare http://john-joseph-horton.com/papers/sv.pdf
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What’s the GE effect that would reverse the result? Or do you just mean the magnitude per visa would have diminishing returns?
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Čini se da učitavanje traje već neko vrijeme.
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