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Germany has had an extremely low growth performance since 1995. The paper looks at the long-run reasons for this loss of economic dynamics besides German unification: These include leaving labor idle, a declining share of investment in GDP, a weaker innovative activity, an ineffective system for...
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The goal of this study is to assess households? labor allocation in the wake ofChina?s efforts to develop the rural labor market in a manner that is conductive toits transition to a market economy. Applying the agricultural household model asthe theoretical framework, we help to understand the...
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