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asset market bubbles occur in all sessions, but global markets had significantly more extreme and longer duration valuation … bubbles. Additionally, subjects at the most suboptimal times-of-day held significantly more asset shares in their portfolios …
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Revisionist estimates of growth rates during the British industrial revolution, though largely successful in presenting a more modest picture of Britain's 'take-off' prior to the 1830s, have also posed fresh analytical difficulties for champions of the new economic history. If 18th-century...
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