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"Household Finance: An Introduction to Individual Financial Behavior is about how individuals make financial decisions …
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intra-household non-commitment, limited commitment, and full commitment. It investigates whether, after controling for … labor supply in exactly the way predicted by theory, as spouses' past wage deviations have a negative impact on their labor … supply and a positive impact on their spouses'. In addition, wives' past wage shocks also impact negatively household public …
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