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crucial to understand the main labor market outcomes of such economies. Wages offered by the public sector increase the … increase of the offered wages in the public sector observed at the same time. …
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sector wages observed at the same time. …
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The current crisis, while of a global nature, has affected national labor markets to a varying extent. While some countries have experienced a steep increase in unemployment, employment in other developed economies has not fallen in parallel with a significant decline in GDP. Our analysis shows...
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