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Becker's theory of human capital predicts that minimum wages should reduce training investments for affected workers because they prevent these workers from taking wage cuts necessary to finance training. In contrast, in noncompetitive labor markets, minimum wages tend to increase training of...
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Study (PIRLS) for fourth graders. Our analysis covers six European countries, Germany, France, Iceland, the Netherlands … analysis covers six European countries, Germany, France, Iceland, the Netherlands, Norway, and Sweden. Peer effects are of … school. Although some countries, like Germany, track students into a rigid system of separate schools at the secondary …
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