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Estimates of potential output growth for Australia, the United States and Canada are presented and analysed in this … (SIRG). At around 4 per cent per annum, Australia's SIRG has been relatively stable for the past 30 years, which seems … reduction in employment growth in Australia from the 1980s to the 1990s may account for the absence of a rise in potential …
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forecasting implications are also considered. Empirical analyses are conducted using data for the U.S., the U.K., and Australia …
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Using 2004-2008 data from the American Time Use Survey, we show that sharp differences between the time use of immigrants and natives become noticeable when activities are distinguished by incidence and intensity. We develop a theory of the process of assimilation ヨ what immigrants do with...
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Domar (1970) has singled out the land/labor ratio as the main cause of both slavery and serfdom. But he then recognizes that scarcity of labor is necessary but not sufficient for serfdom to exist, and that an exogenous political factor is required to determine the status of labor.I show that in...
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