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Neoclassical analysis of the labor market and its institutions. A systematic development of the theory of labor supply …, labor demand, and human capital. Topics discussed also include wage and employment determination, turnover, search …, immigration, unemployment, equalizing differences, and institutions in the labor market. There is particular emphasis on the …
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This paper provides empirical evidence on the response of labor productivity to the arrival of new inventions. The … analysis shows that labor productivity may temporarily fall below trend after technological progress. However, the effects on …
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This paper estimates the effects of offshoring on productivity in U.S. manufacturing industries between 1992 and 2000, using instrumental variables estimation to address the potential endogeneity of offshoring. It finds that service offshoring has a significant positive effect on productivity in...
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