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One common feature of all empirical wage curve studies is the underlying assumption that the unemployment rate is the natural indicator of labor market tightness. However, we observe that in many European countries governments spend remarkable amounts on labor market training programs. As...
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About 5 % of US workers hold multiple jobs, which can exacerbate or mitigate employment changes over the business cycle …
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About 5 percent of U.S. workers hold multiple jobs, which can exacerbate or mitigate employment changes over the …
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