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Power market integration is analyzed in a two-country model with nationally regulated firms and costly public funds. If the generation costs between the two countries are too similar, negative business stealing outweighs efficiency gains so that the subsequent integration welfare decreases in...
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Most labor and migration studies classify migrants with limited formal education or credentials as 'unskilled.' Despite the value of their work experiences and the substantial technical and interpersonal skills developed throughout their lives, their labor market contributions are often...
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