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This paper examines the extent of state dependence in unemployment and the role played in this by intervening low-wage employment. A range of dynamic random and fixed effects estimators are compared. Low-wage employment is found to have almost as large an adverse effect as unemployment on future...
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Mark Stewart is professor of civil engineering and director of the Centre for Infrastructure Performance and Reliability at University of Newcastle, Australia. He is currently a visiting scholar at the Mershon Center for International Security Studies. In his presentation, Stewart will discuss...
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