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"We propose an equilibrium occupational choice model, where agents can choose to work in the real sector (become entrepreneurs) or to become informed dealers in financial markets. Agents incur costs to become informed dealers and develop skills for valuing assets up for trade. The financial...
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, viz. employment growth, GDP growth and labor productivity growth. Particular attention is devoted to the lag structure … exiting capacities and finally a stage of positive supply-side effects. The net effect is positive for employment and GDP …
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