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. Government incentives to production may alleviate high unemployment in this economy, but at the cost of exacerbating sclerosis …
Persistent link: https://www.econbiz.de/10012474151
We empirically and theoretically examine how consumer credit access affects displaced workers. Empirically, we link administrative employment histories to credit reports. We show that an increase in credit limits worth 10% of prior annual earnings allows individuals to take .15 to 3 weeks longer...
Persistent link: https://www.econbiz.de/10012456401