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has directly estimated the joint impact of these different causes. In this paper, we view wages as arising out of a … specify an empirical model which allows us to estimate the general equilibrium relationship between wages and technology …
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Using firm-level and individual panel data from 2008-2009, the paper looks at how Hungarian firms combined employment reduction with "softer" measures like short-work and wage cuts, in response to the crisis. The data suggest that the wage distribution remained practically unchanged while hours...
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wage regressions suggest that the quality of entrants, measured with their residual wages achieved in the private sector …
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