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This paper challenges what is the standard account of UK unemployment, namely that the major swings in unemployment over the past 25 years are due predominantly to movements in the underlying empirical “natural rate of unemployment” (NRU). Our analysis suggests that the British NRU has...
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We document a substantial positive correlation of employment status between mothers and their children in the United …. After controlling for ability, education and wealth, a one-year increase in a mother's employment is associated with six … weeks more employment of her child on average. The intergenerational transmission of maternal employment is stronger to …
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