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with Mexico as far as share in US total imports is concerned, and the market share gap has narrowed even in electronics …
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We study the implications of product and labor market imperfections for equilibrium unemployment under both exogenous … equilibrium unemployment. The relationship between the long-run unemployment and the intensity of product market competition is … long-run equilibrium unemployment is an increasing function of product market imperfections when the elasticity exceeds …
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The literature on unemployment has mostly focused on labor market issues while the impact of capital formation is …
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