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Economic Review - Federal Reserve Bank of Kansas City

Issue Date: 04/01/2005

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1. Do Only Big Cities Innovate? Technological Maturity and the Location of... Innovation enhances economic performance. High rates of innovation are associated with high rates of productivity growth, and faster productivity growth leads to higher real wages ... (PERIODICAL ARTICLE) 2. What Do Expected Changes in U.S. Job Structure Mean for States and Workers... Public interest in the future structure of the U.S. labor market has been understandably high in recent years, for several reasons. Some types of manufacturing ... (PERIODICAL ARTICLE) 3. Consumption Taxes: Macroeconomic Effects and Policy Issues Proposals for fundamental reform of the federal rax code are receiving increased attention in the business press and among economic analysts and policy-makers. President Bush ... (PERIODICAL ARTICLE)
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