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This study explores the hypothesis that high home-ownership damages the labor market. We show that rises in the home-ownership rate in a U.S. state are a precursor to eventual sharp rises in unemployment in that state. The elasticity exceeds unity: a doubling of the rate of home-ownership in a...
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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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Some commentators argue for a fairly general release from COVID-19 lockdown. That has a troubling flaw. It ignores the fatality risks that will then be faced by citizens in midlife and older. This paper provides information on the strong age-pattern in the risk of death from three countries...
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The UK is 'locked down' because of coronavirus (COVID-19). No clear exit strategy currently exists. This paper suggests a possible way forward that combines elements from economics and epidemiology. The paper proposes as a policy a 'release' from lockdown of the young cohort of UK citizens aged...
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