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In the twentieth century, large companies employing many workers formed the bedrock of the U.S. economy. Today, on the list of big business's priorities, sustaining the employer-worker relationship ranks far below building a devoted customer base and delivering value to investors. As David...
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This paper develops a unified growth model that captures the historical evolution of population, technology, and output. It encompasses the endogenous transition between three regimes that have characterized economic development. The economy evolves from a Malthusian regime, where technological...
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Contents -- Part I: Vignettes from the Modern Workplace -- 1. The Fissured Workplace and Its Consequences -- 2. Employment in a Pre-fissured World -- 3. Why Fissure? -- 4. Wage Determination in a Fissured Workplace -- Part II. The Forms and Consequences of the Fissured Workplace -- 5. The...
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This paper develops a unified model of growth, population, and technological progress that is consistent with long-term historical evidence. The economy endogenously evolves through three phases. In the Malthusian regime, population growth is positively related to the level of income per capita....
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