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In this paper we assess the evolution of employment and wage inequality in Europe and the US labour markets over the past two decades. We find that the salient trends in wage structures are more complicated than implied by the so-called “unified theory.” Furthermore there is no clear...
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In this paper, we estimate indices of technological catch-up, technological change and variations in scale efficiency for a sample of 52 countries through the FDH approach with variable scaling parameters (VP-FDH) proposed in Kerstens and Vanden Eeckaut (1999). We compare the results with those...
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