Multiple Steady State Equilibria of Job Composition

In this paper we construct an example of multiplicity to further illustrate the general equilibrium forces at work. We assume that good and bad jobs produce inputs that are perfect substitutes, only that there is a quality difference. This will accentuate the tendency toward multiplicity and enable...

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Main Authors: Anton Abdulbasah Kamil, MOHD NAIN HJ. AWANG
Format: Article
Language:Indonesian
Published: Universitas Islam Bandung 2010-10-01
Series:Statistika
Online Access:http://ejournal.unisba.ac.id/index.php/statistika/article/view/1004
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author Anton Abdulbasah Kamil
MOHD NAIN HJ. AWANG
author_facet Anton Abdulbasah Kamil
MOHD NAIN HJ. AWANG
author_sort Anton Abdulbasah Kamil
collection DOAJ
description In this paper we construct an example of multiplicity to further illustrate the general equilibrium forces at work. We assume that good and bad jobs produce inputs that are perfect substitutes, only that there is a quality difference. This will accentuate the tendency toward multiplicity and enable to explicitly construct two equilibria.
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spelling doaj.art-5c24f792b0d74a968d7e8c4d3fc2d9e92022-12-22T03:07:42ZindUniversitas Islam BandungStatistika1411-58912010-10-01101792Multiple Steady State Equilibria of Job CompositionAnton Abdulbasah KamilMOHD NAIN HJ. AWANGIn this paper we construct an example of multiplicity to further illustrate the general equilibrium forces at work. We assume that good and bad jobs produce inputs that are perfect substitutes, only that there is a quality difference. This will accentuate the tendency toward multiplicity and enable to explicitly construct two equilibria.http://ejournal.unisba.ac.id/index.php/statistika/article/view/1004
spellingShingle Anton Abdulbasah Kamil
MOHD NAIN HJ. AWANG
Multiple Steady State Equilibria of Job Composition
Statistika
title Multiple Steady State Equilibria of Job Composition
title_full Multiple Steady State Equilibria of Job Composition
title_fullStr Multiple Steady State Equilibria of Job Composition
title_full_unstemmed Multiple Steady State Equilibria of Job Composition
title_short Multiple Steady State Equilibria of Job Composition
title_sort multiple steady state equilibria of job composition
url http://ejournal.unisba.ac.id/index.php/statistika/article/view/1004
work_keys_str_mv AT antonabdulbasahkamil multiplesteadystateequilibriaofjobcomposition
AT mohdnainhjawang multiplesteadystateequilibriaofjobcomposition