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Asymmetric Shocks, Reallocation, Monetary Policy
capital deepening, endogenous growth, multi-sector growth, non-balanced economic growth
urban decline, income dynamics, Detroit, externalities
gentrifi cation, housing-price dynamics, housing-consumption externalities.
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amplification, career concerns, delegated portfolio management
asset prices, reputation, delegation, fund managers, volatility
competitive search, directed search, job search, survey, Wage setting