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while considered as extremely large in the public debate in Europe. The main argument is based on a fundamental property of …. Two sets of implications are then derived: on one hand, mobility costs are high in Europe and transitions between steady …-states has especially strong adverse effects. Jobs endogenously last longer in Europe than in the US, but when they are destroyed …
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Rethinking the trade-off between growth and equality -- Varieties of capitalism -- Income distribution and labor markets -- Employment performance -- Macro-economic management and wage bargaining -- Participation, security, mobility, and skills -- Welfare states, redistribution, and growth --...
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