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We study the effect of unemployment on cognitive abilities among individuals aged between 50 and 65 in Europe. To this end, we exploit plant closures and use flexible event-study estimations together with an experimentally elicited measure of fluid intelligence, namely word recall. We find that,...
Persistent link: https://www.econbiz.de/10013411839
the regression adjusted matching approach. The results suggest that there is a considerable short-term effect of informal …
Persistent link: https://www.econbiz.de/10009771156