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among firms affects simultaneously growth and unemployment. On the one hand, an increase of the elasticity of substitution …
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greater the productivity gap from the leader country, but differences in unemployment benefit systems can lead to relative … social welfare benefits generate high unemployment and reduce the amount of labour employed for R&D purposes. Furthermore, it …
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low quality workers to leave the labor force can increase national income. Moreover, the operation of such a benefit … this setting, small migration flows can bring about large changes in transfer levels and in labor participation rates. The …
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