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The Labor Market and Employment (Handbook article). The labor market differs from typical markets in important ways. We find job competition and collective mechanisms that set wages and working conditions. Changes in employment bring about changes in wages and prices and entail political and...
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contemporary evidence of stagflation in developed countries. Being the residual sector, the informal sector inevitably moves in the …
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FROM THE ARTICLE: "During the late 1980s, we printed a series of working papers, offering a new approach to the political economy of Israel and wars in the Middle East. Our approach in these papers rested on three new concepts. It started by identifying the Weapondollar-Petrodollar Coalition -...
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of stagflation across the world (IMF 2022, World Bank 2022). In almost all accounts of the mounting stagflation threats a …
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