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We argue that the equation commonly used in the estimation of the wealth effect on consumption might be unsuitable for … volatility increases. Estimation of a Markov-switching model of the usual long-run aggregate consumption equation provides …
Persistent link: https://www.econbiz.de/10005706243
The Bologna process aims at creating a European Higher Education Area where intercountry mobility of students and staff, as well as workers holding a degree, is facilitated. While several aspects of the process deserve wide public support, the reduction of the length of the first cycle of...
Persistent link: https://www.econbiz.de/10005822626
Persistent link: https://www.econbiz.de/10005132908