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India underwent a significant structural transformation through trade liberalization and other reforms (domestic) in the 1990s because of a balance-of-payments crisis. I use this episode to identify the causal effect of a drop in tariffs on wage inequality, measured through managerial and...
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capital investment by crucially investigating whether there is a link between tenure and wages - this has come to be an … reasonably strong link between wages and tenure, allowing us to infer that a value can be ascribed to the continuation of …
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