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margins in the last forty years in three countries: United-States, United-Kingdom and France. We develop a statistical …
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margins in the last forty years in three countries: United-States, United-Kingdom and France. We develop a statistical …
Persistent link: https://www.econbiz.de/10009516922
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margins in the last forty years in three countries: United-States, United-Kingdom and France. We develop a statistical …
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In this paper we document significantly steeper declines in nondurable expenditures in the UK compared to the US, in spite of income paths being similar. We explore several possible causes, including different employment paths, housing ownership and expenses, levels and paths of health status,...
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