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. The cross-sectional and panel estimation results are markedly different. In the first case, there seems to be a mutual …
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This study applies wavelet coherency analysis to explore the relationship between the U.S. economic growth volatility, and income and wealth inequality measures over the period 1917 to 2015 and 1962 to 2014. We consider the relationship between output volatility during positive and negative...
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fiscal deficits in a number of countries. Despite recent major fiscal reforms around the world, many countries suffer from …
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