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Abstract
Extending Quandt and Howrey's analysis of firm entry, Myers and Weintraub [1] proved local stability of the equilibrium pair of number of firms and labour hire. This note is intended to derive conditions for global stability of the equilibrium in Myers-Weintraub model. We adopt Myers-Weintraub's notation for which the reader is referred to [1]. Labour per unit of capital (or per firm) and number of firms producing a homogeneous good change according to
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