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In a Model of Job Search with Search Frictions,it Is

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In a model of job search with search frictions,it is difficult and time-consuming for workers and job vacancies to find each other.In this environment,the presence of prejudiced employers has a effect on minorities' wages.The extent of the wage discrimination depends on the prejudice of the employer.


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Gold Suites

Luxury hotel accommodations or software packages that offer premium features or services.

Projected Number

An estimate or forecast of a future value based on current data, trends, or statistical models.

Lagrange Multiplier

A method used in optimization to find the local maxima or minima of a function subject to constraints.

Total Revenue

The total income generated by a business from the sale of goods or services, before any expenses are subtracted.

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