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; d) labour mobility. Temporary inflation and output growth differentials are likely in a common currency area since … prices and output adjustment is required to absorb shocks. In the euro area, output growth and inflation differentials are … also related to the ongoing catch - up process in some of the member countries. Persistent inflation differentials can have …
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Discussions on "profit inflation" are mired in conceptual unclarities, definitional idiosyncrasies and data problems …. This article attempts to bring conceptual clarity to the debate on profit inflation, defining profit inflation strictly as … squeezed. However, the conflict underlying the recent surge in inflation concerns not just corporate shareholders profiteering …
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This paper studies empirically the effect of education policies on human capital and per capita income. The results suggest for European and OECD countries that higher attendance at pre-primary education, greater autonomy of schools and universities, a lower student-to-teacher ratio, higher age...
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