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Many economists suspect that downward nominal wage rigidities in ongoing labor contracts are an important source of employment fluctuations over the business cycle but there is little direct empirical evidence on this conjecture. This paper compares three occupations in the housing sector with...
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This paper critically reviews Alex L. Rosaen, The Impact of Michigan's Prevailing Wage Law on Education Construction Expenditures, Anderson Economic Group, LLC, Commissioned by the Associated Builders and Contractors of Michigan, 2013. It is shown that Rosaen's estimates of the prevailing wage...
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