Browsing Deaton, Brady J. publications (MU) by Title "Psychic costs and factor price equalization"
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Psychic costs and factor price equalization
(Southern Journal of Agricultural Economics, 1975-07)There has been some perplexity among economists over the failure of interregional wage differentials to approach zero over time in an economy characterized by labor mobility. Johnson [7], and Sjaastad [14] , among others, ...