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Following an unparalleled rise in uncertainty over the Great Recession, the US economy has been experiencing anaemic productivity growth. This paper offers a quantitative study on the link between uncertainty and low productivity growth. Firstly, using micro level data I show that uncertainty...
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This article documents a strong connection between unemployment and mental disorders using data from the Spanish … results suggest that an increase of the unemployment rate by 10 percent due to collapse of the sector raised mental disorders … faced very low chances of re-entering employment. We show that this led to long unemployment spells, hopelessness and …
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