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There has been a long discussion about the employment impact of minimum wages and this discussion has recently been … any direction. As an alternative, a Post Keynesian twosector model including an employment market is presented here. Its … most likely prediction of a negligible employment effect and a sectoral shift is tested against the German case of an …
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-Saxon neoclassical mainstream economics. Together the essays form a holistic theory explaining why economic development - by its very …
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form a holistic theory explaining why economic development—by its very nature—is a very uneven process. Herein lie the …
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