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In this paper household level data are used to explore whether unemployment risk is an important factor in the timing of consumers' durable goods purchase decisions. A theoretical model is presented in which both income uncertainty and household debt play a direct role, offering a potential...
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Clinical depression has significant influence on an individual's behavior and decision making. This study examines how … depression affects the economic decision making of individuals with clinical depression, looking specifically at time preference … a significant gap in many aspects of economic decision making between individuals with different levels of depression …
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