The U.S. coronavirus recession began in late February of 2020 and was over in two months. The rapid recovery was due to the Coronavirus Aid, Relief, and Economic Stability Act (CARES Act), a large fiscal stimulus program initiated in late March 2020, that was accompanied by a strong expansionary...

The aim of this paper is to provide information on how often women direct family expenditures over recreation and travel (Recreation and travel), the extent of their empowerment, and the factors that promote it. Bargaining and feminist theory predict that married women are more empowered to make...

Economists and psychologists have each puzzled over the nature of decision making and the formation of expectations. Mainstream economists currently base their theory of expectation formation on the assumption of rationality Rationality implies unbiased forecasts and learning from past mistakes....