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William J. Baumol: innovative contributor to entrepreneurship economics

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How labor market institutions affect job creation and productivity growth : key labor market institutions, and the policies that shape them, affect the restructuring that leads to...

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Economic growth requires factor reallocation across firms and continuous replacement of technologies. Labor market institutions influence economic dynamism by their impact on the supply of a key factor, skilled workers to new and expanding firms, and the shedding of workers from declining and...

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