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's deep recession in the 1990s. Instead, relatively, pensioners fared better than the working age population. On the other … income of the pensioners fell behind that of workers and relative poverty increased. The analysis shows that the limited …
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The economic crisis of 2008/9 was felt more acutely in Ireland relative to elsewhere and culminated in the international bailout in 2010. Given the economic collapse, Ireland provides an ideal case-study of the link between wealth collapses and movements in variables such as health and...
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during good times and increase spending during bad times -- a cyclical matching rate on contributions to retirement savings … accounts. The combination of matching rates and matching limits on retirement savings plans creates sharp kinks in … bad aggregate states? I model an economy with liquid and illiquid savings accounts in which matching is suspended during …
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