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In standard economic theory, labor supply decisions depend on the complete set of prices: wages and the prices of … relevant consumption goods. Nonetheless, most theoretical and empirical work in labor supply studies ignores prices other than …
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The impact of competition on prices and wages in investigated using a panel of three-digit industries in the Dutch … Manufacturing sector (1978-1991). Output prices are explaining using an oligopoly model, whereas wages are axplained through a …
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price of quantity. The shape of competition in prices requires the intervention of governments, via a common antidumping …
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