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Behavioral Development Economics

Dr. Björn Vollan

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Lazy Economics

30. April 201630. April 2016 ~ Florian Kaib ~ 3 Comments

In the whole field of Economic theory, not many concepts have been studied for a longer time than the general idea of labor productivity. As a fundamental part of growth theory since the Solow-Swan model from the 1950's, labor productivity generally describes the impact of one additional unit of labor on the achieved output of a … Continue reading Lazy Economics

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