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Business, 30.04.2021 17:00 dondre54

. Using the data in MS data. dta, which has employment data in the tradeable and non- tradeable sectors at the county-level, calculate the correlation between changes in em- ployment across these two sectors. Which version of the model ( exible or xed wages) is consistent with this correlation? Are there other features of employment in either of these sectors that are not consistent with the version of the model that best explains the correlation?

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