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-to-output elasticities negligible in Russia compared not only with Western countries, but also with the countries now knocking the door of …
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The literature on the economics of transition has devoted little, if any, attention to labour supply. We show in this paper that, properly accounting for labour supply adjustments permit to understand some of the most puzzling features of transition, such as the output fall, the strikingly low...
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-to-output elasticities negligible in Russia compared not only with Western countries, but also with the countries now knocking the door of …
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