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Keywords: Non-linear dynamics
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Journal Articles
Journal of Economic Studies (2014) 41 (4): 554–568.
Published: 08 July 2014
... growth neither Granger causes employment growth nor output growth, but employment growth Granger causes real wage growth; and non-linear dynamics, captured by the current depth regression (CDR) effect term, through the sign as well as the magnitude of output changes, are important in characterizing...

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