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Argentina is characterized by low levels of private credit and persistent labor market rigidities. Furthermore …, financial development remained stagnant in Argentina even during episodes of fast economic growth, in stark contrast with the … former, productivity and the investment rate rise sharply on impact, while it also does the rate of unemployment, going from …
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The main rationale for wage subsidies is giving job opportunities to workers who would otherwise remain unemployed or take jobs that do not exploit their potential productivity. The aim of this paper is to evaluate the wage subsidy programme in North Macedonia for the period 2018-2019 in order...
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with and without wage rigidities. The paper then explores time series data from Argentina, Brazil, Colombia and Mexico to …
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/self-employed sector sizes and the real exchange rate. Model predictions are then tested empirically for Argentina, Brazil, Colombia, and …
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