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The recent debates on infrastructure spending have led to renewed interest in the measurement of infrastructure and its effects on growth and well-being. This paper updates estimates of one important type of infrastructure capital--highways and streets. We compare BEA's capital measures with...
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In Australia, pay awards by government tribunals cover nearly the entire work force, and those awards set equal pay for comparable union and nonunion workers. Union members may, however, secure higher compensation through plant-level bargaining. This study uses 1984-88 panel data to estimate the...
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