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RDP 1999-02: Reservations Wages and the Duration of Unemployment
Equation (3)
p
i
(
t
)
=
1
−
G
i
(
t
)
∫
0
∞
(
1
−
G
i
(
s
)
)
d
s
=
θ
i
e
−
θ
i
t
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