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capital provided a buffer against the shock. After controlling for observable characteristics, education and experience showed …
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The impact of recessions on school enrollment is ambiguous. On one hand, recessions might increase the likelihood of enrollment due to decreasing opportunity costs of attending school. On the other hand, recessions might discourage enrollment due to reductions households have in funds available...
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output, investment, consumption and especially hours worked in post-war US data. The estimated shock processes suggest much …
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output, investment, consumption and especially hours worked in post-war US data. The estimated shock processes suggest much …
Persistent link: https://www.econbiz.de/10012894230
idiosyncratic shock. Specifically, we find that more productive players move to more productive clubs and maintain their long …
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