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general equilibrium model, this paper shows that skilled insiders in the USA enjoy higher rents and increase the skilled wage … outsiders in the USA do not possess a powerful credible threat to improve their position. This is a consequence from higher … training and education costs in the USA for unskilled employees and unemployed. In Germany, the lower skill wage mark-up leads …
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This paper evaluates the appropriateness of the standard methodologies and the quality of the data frequently used to analyse labour market dynamics in Europe. Our results indicate that, due to recall error and heterogeneous survey design, the retrospective approach tends to result in a...
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