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decades. This paper investigates how one of the largest localized labor demand shocks tied to the beginning of de-industrialization … disproportionately suffered under this (early) de-industrialization shock and the subsequent job loss. For the male population, the …
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We analyze the dramatic decline of the employment share of unskilled labor in the West German economy, in particular its relation to the relatively rigid earnings structure. We find that the substitution elasticity between unskilled and skilled labor is rather low in most sectors of the economy....
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of positive effects emerge. With respect to takeovers of German companies by foreign investors, the productivity and … international, we find positive productivity and sales effects for relatively small companies investing abroad, and this …
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conceptualised as news about a future slowdown in productivity growth in the tradable sector. Simulations show that the responses of …' for tradable producers before the slowdown in tradable sector productivity associated with Brexit occurs. Resources are … the productivity decline in the tradable sector materialises. The negative news about tradable sector productivity also …
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