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"Time for Things seeks an answer to the question of why, in mature industrial capitalist societies, increasing productivity has tended to get used to increase output and consumption as opposed to reducing the burden of work. Put simply, why do we live in a world so full of goods, many of which...
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This paper analyses the phenomenon of jobless growth in India and the US through the lens of employment elasticity …. Analytical results are derived for decompositions of both the level and change of aggregate employment elasticity in terms of … sectoral elasticities, relative growth and employment shares. Estimates of these decompositions are presented with employment …
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