> "This option would require the drafting of precise definitions of the specific articles, for example a definition of sophisticated encrypted communication devices which does not include all mobile phones."
"Within five years of the appointment of a business manager, wages decline by 6% and the labor share by 5 percentage points in the US, and by 3% and 3 percentage points in Denmark. Firms appointing business managers are not on differential trends and do not enjoy higher output, investment, or employment growth thereafter."
> "This option would require the drafting of precise definitions of the specific articles, for example a definition of sophisticated encrypted communication devices which does not include all mobile phones."