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Wages growth in Australia was lower than expected prior to COVID-19 based on historical determinants. One possible … options for workers and lowered their bargaining power and wages. This paper examines concentration in Australian labour … markets and its impacts on wages using a large and representative database derived from administrative tax data. Labour …
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This paper surveys the empirical literature on the links between innovation, market structure and firm size. The review shows that there is little evidence in support of the Schumpeterian hypothesis that market power and large firms stimulate innovations: R&D spending seems to rise more or less...
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