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This paper discusses two issues in the relationship between inequality and economic growth: the data and the econometrics. We first review the income inequality data set of Deininger and Squire (D&S), which, we argue, fails to provide either adequate or accurate coverage, whether through time or...
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economic miracle, elasticities of real wages to productivities - that is the ratios of rates of variations of the former to the … determination processes. The low elasticities of wages to productivity are plausibly the consequence of the massive flow of migrant …
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process in the United States over the 1967-2000 period. Using compensation per hour as the measure of wages, we specify a … productivity growth, and an additional set of labor market variables. The results do not reject the hypothesis that real wages and …
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larger, more productive, and pay higher wages than other firms in the same industry. Positive performance effects of engaging …
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