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developed search-and-matching model. Our results are robust to subgroups, subsamples and alternative estimation strategies …
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developed search-and-matching model. Our results are robust to subgroups, subsamples and alternative estimation strategies …
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"According to the "compensation theory", market forces should assure a complete compensation of the initial labour-saving impact of process innovations. In this paper a critique of this approach is proposed through a detailed survey of the theoretical and empirical literature on the subject. The...
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