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labor productivity shock has a strong negative effect on employment. There are tantalizing and interesting differences … between TFP and labor productivity. We argue that TFP is a more natural measure of technology because labor productivity …
Persistent link: https://www.econbiz.de/10013096981
labor productivity shock has a strong negative effect on employment. There are tantalizing and interesting differences … between TFP and labor productivity. We argue that TFP is a more natural measure of technology because labor productivity …
Persistent link: https://www.econbiz.de/10014065927