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As suggested by recent empirical evidence, one of the causes behind the widespread rise of inequality experienced by OECD countries in the last few decades may have been the increased flexibility of labor markets. The authors explore this hypothesis through the analysis of a stock-flow...
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's overall income, the differences discounting such transfers makes to the comparison of monetary welfare across countries and to … the national distributions and how the comparisons of the welfare of specific sub-groups are affected by discounting such …
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This paper aims at providing new evidence over the effect of conventional monetary policy shocks on wage inequality through the earnings heterogeneity channel under the inflationtargeting regime implemented in South Africa since 2000. The empirical contribution follows previous studies by...
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