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Sunday, December 16, 2012

2006 November : Daily Speculations

2006 November : Daily Speculations: "If higher labor costs are mostly absorbed by firms and not passed on, then workers will see the gains in their nominal compensation per hour of work translated into greater real compensation per hour; in the process, workers would capture a greater share of the fruits of the high rate of productivity growth seen in recent years"

'via Blog this'

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