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wages. We use Belgian linked panel data and rely on the methodology from Hellerstein et al. (1999) to estimate ORU (over …
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wages. We use Belgian linked panel data and rely on the methodology from Hellerstein et al. (1999) to estimate ORU (over …
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constraints and labour constraints. It notes the failure to incorporate this phenomenon in standard macro models. Using panel data …
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dispersion should also have increased. The relevant data for the US is problematic, so we utilize a UK panel dataset covering the …
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