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wages that remains unexplained after including a wide array of proxies for productivity. What is absent from the residual … any directly observable measure of productivity with which to adjust differentials in wages in trying to infer whether a … with wages. Any of the variables that differ across groups and are unobserved in the residual wage regression approach …
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We analyze and assess new evidence on employment dynamics from a new data source the National Establishment Time Series (NETS). The NETS offers advantages over existing data sources for studying employment dynamics, including tracking business establishment relocations that can contribute to job...
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