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This paper presents a positive model which shows that institutional setups on capital and labor markets might be intertwined by politicoeconomic forces. Two politicoeconomic equilibria arise from our model, one with little protection of insiders on capital and labor markets, and another one with...
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An der Schwelle zum neuen Jahrhundert steht die Wirtschaftspolitik vor großen Herausforderungen. Vor dem Hintergrund …
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