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The weighted average of the calibrated job destruction rate is 0.034, about twice as high than reported for the U.S. and three times higher as reported for Germany (see Ridder and van den Berg (2003)).
Cf. Delacroix (2003) p. 651.
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(2007). Extensions. In: The Employment Effects of Technological Change. Lecture Notes in Economics and Mathematical Systems, vol 593. Springer, Berlin, Heidelberg. https://doi.org/10.1007/978-3-540-69956-9_6
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DOI: https://doi.org/10.1007/978-3-540-69956-9_6
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