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We estimate the relationship between investment and unemployment in order to explore whether the medium … up, both employment and investment fell although the estimated coefficient of investment is slightly smaller when the …
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Rationale: Physical pain is one of the most severe of human experiences. It is thus one of the most important to understand. Objective: This paper reports the first cross-country study of the links between physical pain and the state of the economy. A key issue examined is how the level of pain...
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of 2007 as its only impulse - produces time series for aggregate labor usage, consumption, investment, and real GDP that … closely resemble actual U.S. time series. Despite having no explicit financial market, the model has investment fall steeply …
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