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This paper uses an unbanked industry to study the impact of government certification on financial access and growth. Marijuana is considered illegal by the Federal law resulting in high financial access costs. I exploit a unique experiment by Washington State that significantly lowered such...
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business background (CEO governors), focusing on the growth rate of real personal income per capita, unemployment rate, and … annual income growth rate and a 0.6 percentage points lower unemployment rate than are the tenures of non-CEO governors. Also …
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business background (CEO governors), focusing on income growth, unemployment, private investment, and income inequality … private capital stock, and a 0.6 percentage points lower unemployment rate than are the tenures of non-CEO governors. Income …
Persistent link: https://www.econbiz.de/10011557923
Okun's law is formulated as the ratio between GDP and unemployment (UE): β = f(GDP/UE). It is used to investigate the …
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