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It's not, because "location-based" pay will change if the market price of labour at that location changes. Location is a proxy variable; a distinction which mak
by mjburgess 4y ago
It's not, because "location-based" pay will change if the market price of labour at that location changes. Location is a proxy variable; a distinction which makes all the difference, see for example, Detroit
- spoiler 4y agoRight, okay. That makes more sense now. Thanks!