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We develop a product market theory that explains why firms invest in general training of their workers. We consider a …
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Based on contribution patterns to parties in Germany and elsewhere, we suggest that European democracies should use a mixed system where private funding can play a larger role than public funding. In Germany the high level of public funding for parties can be reduced without expecting...
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We develop a product market theory that explains why firms invest in general training of their workers. We consider a …
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