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This paper examines how stringent de facto firing regulations affect firm size throughout the developing world. We …
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regulation to an international agent eliminates that distortion, increasing wages and aggregate welfare …
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Cover -- Contents -- I. Introduction -- II. The Theoretical Framework -- A. The Household Sector -- Consumption and Saving -- Labor Supply -- B. The Production Sector -- Output Demand -- Labor Demand and Investment -- Output Supply -- C. The Banking Sector -- Credit Demand -- Funding Demand and...
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