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productivity by increasing the rate at which individuals acquire skills. One largely unexplored implication of this theory is that … productivity through a job search and matching process and, thus, that an important aspect of 'learning' in cities may involve …
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"Human capital is typically viewed as generating a number of desirable outcomes, including economic growth. Yet, in spite of its importance, few empirical studies have explored why some economies accumulate more human capital than others. This paper attempts to do so using a sample of more than...
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"One of the most robust findings emerging from studies of industrial agglomeration is the rise in productivity that …'s own industry, the overall size of the industry remains strongly associated with wages. Such results suggest that …
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"The acceleration of productivity growth during the latter half of the 1990s was both the defining economic event of … between incoming aggregate data, which initially suggested little productivity gain, and anecdotal firm-level evidence which … Chairman, argued that revolutionary increases in productivity were occurring and the Committee should not prematurely forgo …
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"This paper shows that economic fluctuations can be largely demand-driven. In particular, the stylized open-economy business cycle regularities documented by Feldstein and Horioka (1980) and Backus, Kehoe and Kydland (JPE 1992) can be explained by the standard general equilibrium theory if...
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