V. Bhaskar

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Taylor's model of staggered contracts is an in uential explanation for nominal inertia and the persistent real e ects of nominal shocks. However, in standard imperfect competition models, if agents(More)
We model parental sex selection and the equilibrium sex ratio. With intrinsic son preference, sex selection results in a male-biased sex ratio. This is ine¢ cient, due to a marriage market congestion(More)