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This paper examines the relationship between product demand and the pattern of rising skill premia and rising employment of skilled workers in the US and the UK since the 1980s. If more skilled workers demand more skill-intensive goods, then an increase in relative skill supply will also induce...
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strength of spillovers from durable to nondurable consumption, as predicted by theory, is empirically correlated with how much …
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strength of spillovers from durable to nondurable consumption, as predicted by theory, is empirically correlated with how much …
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