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and the labor force participation rate in the USA. The unemployment insurance (UI) program tends to expand during an … finding may explain the upward trend in the labor force participation rate for females in the USA. Social implications The …
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Modern consumer theories are built upon the premise of the forward looking behavior of households. While most of the empirical studies at micro level are based on Euler equation, there have been few to estimate the household consumption function and test the implication of forward looking...
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