Does globalization lead to a rat race of national labor-market institutions?
Since just around 30 years we observe that the labor’s share of the national income decreases in most countries. In this paper, we introduce an endogenous overlapping generation growth model with an institutional setting of the labor market to show that the changes of the labor-market institution...
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| Format: | Article |
| Language: | English |
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Economists' Association of Vojvodina
2013-01-01
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| Series: | Panoeconomicus |
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| Online Access: | http://www.doiserbia.nb.rs/img/doi/1452-595X/2013/1452-595X1301073S.pdf |