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Policies intended to protect trade secrets may limit late-career wages
- May 1, 2026 at 5:40 PM
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Labor market policies intended to protect trade secrets and spur research and development may instead limit late-career wages and encourage firms to replace human labor with machines and other automation equipment, according to a study in the journal Labour Economics by researchers at Penn State, the Federal Reserve Bank of Cleveland and Colorado State University.
Originally published at Phys.org