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The positive relation between average labour productivity and labour intensity

✍ Scribed by S. K. Kuipers


Book ID
112505592
Publisher
Springer Vienna
Year
1973
Tongue
English
Weight
411 KB
Volume
33
Category
Article
ISSN
1617-7134

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## Abstract We study the relationship between wealth and labour market transitions. A lifecycle model, in which individuals are faced by uncertainty about the availability of jobs, serves as a basis for a reduced‐form specification for the probabilities of labour market transitions, which depend on