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This paper explores trends in inequality and poverty using both market and after-tax and transfer income in the period … during and after the Great Recession (through 2011). Using market income (or wages), inequality and poverty rose sharply … poverty increase was muted. Tax and transfer policies lowered inequality and poverty, but those policies were not equal across …
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A rapid increase in household debt is undeniably a main concern among policymakers. Studies indicating the damaging effect of rapid rise in household debt towards economic growth attracted many researchers to determine its reasons. The risk from high household debt is not only applicable to...
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years after that. Panel regressions are run to determine whether characteristics of recessions, including depth, length …
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