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The purpose of this study was, first, to estimate of the impact of alcohol and drug use on the employment status of men and women, and second, to examine whether a history of past use, as opposed to current use, adversely affects the propensity to be employed. <p>Using data from the National...</p>
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Political parties can enhance their clout in Congress by adding to the seats under their control, or by increasing party loyalty. Interestingly, the latter option seems to play a very small role in the two elections studied. The Democratic Party altered their funding decisions based on loyalty...
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Past researchers, examining the duration of joblessness, have failed to include a variable to account for the unemployed's migration decision. By employing a simultaneous structure with a censored dependent variable and an endogenous binary migration variable, the present study demonstrates that...
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Consider a group of agents embedded in a network, repeatedly playing a game with their neighbors. Each agent acts locally but through the links of the network local decisions percolate to the entire population. Past research shows that such a system converges either to an absorbing state (a...
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A large portion of our economic interactions involves a very small portion of the population. We seem to prefer familiar venues. But the tendency to focus our attention on a few individuals or activities is an attribute that is typically omitted in our characterization of markets. In markets...
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Criminals impose costs on society that go beyond the direct losses suffered by their victims; crime casts a shadow of uncertainty over our daily economic and social activities. Consequently, individuals and society as a whole choose to direct resources to crime prevention. In this study we...
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