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impact on overall wage inequality is rather small. Moreover, the minimum wage shows itself to be a poor redistributive tool … reform. Overall income inequality has even increased slightly as disposable income of poor households grew much less than on …
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This paper contributes to the literature on the effectiveness of R&D incentives by evaluating a unique investment subsidy program implemented in northern Italy. Firms were invited to submit proposals for new projects and only those that scored above a certain threshold received the subsidy. We...
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salaries, of occupation, of technological capital and, finally, to the increase of income and the growth of the economy for the …
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