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variance of its components, which is then applied to measure the relative contributions of productivity, hours per worker, and … employment to cyclical output growth across a panel of countries. Measured productivity contributes more to the cycle in Europe … cyclical employment fluctuations. -- Intensive margin ; extensive margin ; productivity ; business cycles ; variance …
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distributive components of employment, productivity and output changes overtime in a system whereby the roles of economic structure … more low-productivity and vulnerable jobs generation. Ris-ing shares of the traditional services sector in the economy has …
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