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productivity relative to the aggregate economy leads to a rise in relative wages of 0.1-0.2%. As a corollary to this, outside …
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to reduce its labour costs. If the level of wages is sufficiently low, the firm's rate of productivity growth approaches …
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labor costs. Our analysis indicates that when wages and prices are flexible, product demand policies have no significant …
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starting to export on plant performance. We find positive effects on growth of employment, labor productivity, and wages. …
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