Discussion Papers in Economics

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Dual Labour Markets and Menu Costs: Explaining the Cyclicality of Productivity and ..... mary labour market keep their respective prices and wages fixed. This is.
Discussion Papers in Economics

No. 2000/62 No. 1999/01 Dynamics of Output Growth, Consumption and Physical Capital Dual Labour Markets andModels Menu Costs: ExplainingGrowth the Cyclicality in Two-Sector of Endogenous of Productivity and Wage Differentials by by Farhad Nili Huw D Dixon, Claus Thustrup Hansen and Henrik Jacobson Kleven

Department of Economics and Related Studies University of York Heslington York, YO10 5DD

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