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This paper compares and analyses the East and West German levels of labour productivity in industries in 1936. For this purpose archive-data on the industrial census of 1936 were used. In comparison with earlier studies, which rely directly or indirectly on the official publication of the...
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The Non-Accelerating Inflation Rate of Unemployment (NAIRU) is an appealing theoretical concept with strong macroeconomic policy implications. In practice, NAIRU's can be computed from estimated wage and price equations running in growth rates or in levels. In this paper we specify and estimate...
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