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We analyze the effects of automation on the wages of high-skilled and low- skilled workers and thereby on the evolution of wage inequality. Our model explains the simultaneous presence of i) increasing per capita GDP, ii) de-clining real wages of low-skilled workers, and iii) an increasing...
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and cross-national unemployment, income, and occupational mobility. It finds that although being an immigrant in itself … nationality of one's parents do. Cross-nationally, Luxembourg does not have an admirable record on unemployment or income for …
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