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productivity gap'' suggests that labor is greatly misallocated across sectors. In this paper, we draw on new micro evidence to ask …
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productivity gap" suggests that labor is greatly misallocated across sectors. In this paper, we draw on new micro evidence to ask …
Persistent link: https://www.econbiz.de/10013073187
How costly will rising temperature due to climate change be for the U.S. economy? Recent research has used the well-identified response of output to weather to estimate this cost. But agents may adapt to the new climate. We propose a methodology to infer adaptation technology from the...
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