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Why is Europe's employment rate almost 10 percent lower than that of the United States? This "jobs gap" has typically … been blamed on the rigidity of European labor markets. But in Services and Employment, an international group of leading … actually a services gap. But, Services and Employment asks, why does the United States consume services at such a greater rate …
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Introduction -- Sustainable Public Debt: Theory and Empirical Evidence -- Debt and Growth: A Basic Endogenous Growth Model -- Productive Government Spending, Public Debt and Growth -- Government Debt and Human Capital Formation -- Debt and Growth: Empirical Evidence -- Conclusion.
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