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We document for the US and Continental Europe that home-production time remained essentially flat during the last 50 years while changes in market time and leisure offset each other. We then focus on the US and France during 1970-2005 which are on the opposite sides of the spectrum: while US...
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global value chains (GVCs) on labour market outcomes. Due to the complex nature of GVCs and the interconnectedness of wages …, employment, and productivity, many direct and indirect effects are at play. To ensure a transparent and systematic flow of the …
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-constraints and the profitability of engaging in innovation (R&D). We decompose the effects of RER changes on productivity growth …
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for financing R&D. We decompose the effects of RER changes on productivity growth into these channels and explain regional …
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