Your English writing platform
Discover LudwigSuggestions(1)
Exact(2)
( bar{L} ) is the exogenous labor supply, and ( w ) is the nominal wage rate.
Unemployment is given by definition, subtracting aggregated labor demand from the exogenous labor supply.
Similar(58)
This is because the productivity component and the translation component are not only influenced by demographic factors but also by other exogenous factors such as the exogenous labor-augmenting technological progress (A), the educational expansion, the introduction of a public pension system, etc.
The three exogenous variables population, labor and urban population all have in common that they are demographic variables.
For this purpose, I modify the model by assuming an exogenous female labor force participation rate, ( varepsilon ), which is less than unity.
Ideally, regression specifications should let policy indicators, driven by exogenous factors, explain labor market outcomes.
Relatives abroad is a candidate to be an instrument because it is exogenous to the labor market in Germany.
This corresponds to the scenario ADR and DLR assume, in which the within-region and period variation in minimum wages is more exogenous to local labor market conditions.
That is, the price of labor is exogenous.
Perfectly competitive producers supply a composite final good with the Cobb-Douglas production function (Y_{t}=K_{t}^{alpha } z_{t}L_{t})^{1-alpha }) that features a labor-augmenting exogenous technological progress denoted as γ t =z t+1/z t.
As before, labor unions incur exogenous per member coordination costs while the MNE does not.
Write better and faster with AI suggestions while staying true to your unique style.
Since I tried Ludwig back in 2017, I have been constantly using it in both editing and translation. Ever since, I suggest it to my translators at ProSciEditing.

Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com