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The channels whereby pay inequality affects performance aren’t apparent. The effect of inequality on performance doesn’t appear enormous. Of course there’s some degree of similarity in a sector but a great deal of difference between sectors.

There are a lot of aspects to take into consideration when deciding if it’s the term is potentially unfair. It may be an important minister. The problem is that so as to derive mathematical models much like those employed in physics, economists must make assumptions that, in fact, aren’t always warranted.

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