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Job security provisions are frequently cited as inhibiting the functioning of labour markets in Europe. However, as with many forms of non-price regulation, it is difficult to assess how tightly these regulations bind and influence labour market outcomes. We use an industry-country panel of OECD...
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China’s social credit system features a central database, the assignment of social credit scores for individuals and businesses, and the meting out of rewards and punishments, including a form of public shaming. The Chinese Communist Party (CCP) continues to develop the system in an effort to...
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