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In this paper we aim to trace the roots of the ongoing economic mayhem and to unmask the chorus of the tragedy which plays on the world stage. The main thesis of our work is that, despite the triumphant rhetoric praising the merits of perfect competition, the global fields of the dysfunctional...
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the Beveridge curve in Austria. We find empirical evidence to confirm that the increase in the unemployment rate in … Austria after 2011 can indeed be attributed to a supply-side shock. But, contrary to other research, our analysis shows that …
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