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This article models interactions between basketball teams in order to estimate individual players’ offensive production. A theoretical model predicts that, in equilibrium, better offensive players will shoot more often and that all offensive players will average the same number of points per...
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around 0.5 percentage points to an otherwise modest U.S. productivity picture. Going forward, labor quality is likely to add … considerably less and may even be a drag on productivity growth in the medium term. Using a variety of methods, we project that …
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