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A two-sector model of terms of trade (TOT) determination is developed and tested using time-series data for Turkey. Empirical results support the structuralist 'flex-price agriculture fix-price industry' models. TOT is found to be sensitive to changes in nominal demand and the exchange rate....
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This paper uses union density variations across state and state-industry cells in 1985, 1995, and 2005 to examine the factors that contributed to the decline in private sector unionization in the U.S. In addition to the conventional variables, it develops two measures to gauge the effects of...
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