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This paper contributes a theoretical model to study the effects of short-term movements of skilled labour on a country's economic growth. As traditional migration models emphasise the long-term effects of migration on factor endowments, they typically omit the analysis of gross labour flows....
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Beginning with the economic meltdown of 2007/8, this book shows that the predatory mortgage lending and overleveraging - which is to say, the overextension of credit - which precipitated The Great Recession was a response to a crisis of overproduction reflective of an unavoidable contradiction...
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