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Globalization has entered a new stage, with new and varying constellations of winners and losers and thus, calls for a new policy paradigm. In contrast to the traditional way of thinking - the welfare state redistributes purchasing power to the disadvantaged to support them in the event of...
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A Theory of Employment Systems considers why there are such great international differences in the way employment … out by 'globalization', it sets out from the theory of the firm first developed by Coase and Simon, and explains why firms …
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This paper presents a theory explaining the labor market matching process through microeconomic incentives. There are …
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