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state of Georgia to determine whether the change had an impact on employment and hours in the beer, wine, and liquor retail … took effect. Since there is no significant employment increase, it appears that employers adjusted to remaining open one …
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This paper explores the evidence for positive hysteresis in the labor market. Using data from the National Longitudinal Surveys of Youth, we find that negative labor market outcomes during high-unemployment periods are mitigated by exposure to a high-pressure economy during the preceding...
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