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In this paper we investigate whether the European unification has had an impact on the Union's average labor productivity growth. Based on a time series approach we do not find a scale-effect as suggested by new growth theory. However, the data do not reject the hypothesis that the EU growth...
Persistent link: https://www.econbiz.de/10005190857
This paper provides an assessment of the determinants of income inequality in a broader macroeconomic context. In particular the hypothesis that income inequality is related to fundamentals affecting economic growth is examined.
Persistent link: https://www.econbiz.de/10005423885