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Many countries in Africa suffer high rates of underemployment or low rates of productive employment; many also anticipate large numbers of people to enter the workforce in the near future. This paper asks the question: Are African firms creating fewer jobs than those located elsewhere? And, if...
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Purpose: Talent compression is the labor market phenomenon where the average productivity differential between participants declines and has been used to explain the overall increase in competition within some professional sports markets. A finding that competitiveness is uniquely driven by...
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The game of baseball was an integral part of life in 20th-century America. The relation baseball had with its fans, though, evolved as the game moved from quiet pastime to a multibillion dollar business. As the presented evidence will suggest, consumer demand at the close of the 20th century was...
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Several authors have recently suggested that an expanding labor pool has led to improvement in professional sports leagues’ competitive balance. The basic premise is that a rise in team player options leads to less variability in player performance and therefore increased competition. The...
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