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This study examines the relationship between unemployment and labor force participation to judge the presence of the discouraged worker/added worker/unemployment invariance effect in the US labor market, spanning the period 1976-2014. Panel unit root and cointegration tests explore this...
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An essential difference between the design of the Swedish and the US in-work tax credit systems relates to their functional forms. Where the US earned income tax credit (EITC) is phased out and favours low and medium earnings, the Swedish system is not phased out and offers 17 and 7 per cent tax...
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