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In this paper, I study technological change as a candidate for the observed increase in consumption inequality in the United States. I build an incomplete market model with educational choice combined with a task-based model on the production side. I consider two channels through which...
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Bottom-up processes of policy convergence are increasingly discussed as a substitute for the absence of supranational …-up convergence? In order to answer this question, we first construct country-specific R&D-based knowledge stocks, and then … Member States over the time period 1990-2012 is employed to test for the presence of conditional â-convergence using a bias …
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