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"Increases in international economic integration can lead to greater specialization according to comparative advantage, but also to the diffusion of skill-biased technologies. In developing countries characterized by relative abundance of unskilled labor, these factors can have opposite effects...
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inefficient matching. Hypothesis 2 (H2) is that unemployment is caused by low demand. Hypothesis 3 (H3) is that restructuring is … returns to scale in matching and unemployment appears to be driven by restructuring and low demand. The East German case is … complex because of its major active labor market policies and a negative trend in efficiency in matching. In some sense, East …
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The demographic transition in Eastern Europe and Central Asia -- Demographic change and labor markets -- Aging, savings …, and financial markets -- Aging and pension expenditures -- Aging, long term care, and public expenditures -- Aging and …
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There is a startling gap between, allegedly, globalization-induced changes in international competition for foreign direct investment (FDI) and recent empirical evidence on the relative importance of determinants of FDI in developing countries. We show that surprisingly little has changed since...
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