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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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stagflation, with the expansion of pecuniary values in the 'business' sphere depending on the strategic limitation of productive … with relatively modest stagflation, whereas the second, post-1970 regime consisted of stable (or even declining …) concentration amidst severe stagflation. …
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