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The Nordic countries are known for their success in combining an extensive welfare state with high labor force participation. This is explained by the origins and organization of their welfare states, which can be traced to a set of values and beliefs that emphasize the right of women to...
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In oligopsonistic labour markets, firms have some market power, and a wedge is created between wages and marginal …
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Macroeconomic shocks and labour-market institutions jointly determine employment growth and economic performance. The … not appropriate elsewhere. We derive a dynamic model of labour demand in which the effect of firing costs on labour demand …
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