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This article finds that the export demand effect of external shocks had the strongest impact on the USSR. The effect was second largest in China and Hungary, and smallest in the NICs. The USSR responded to external shocks in a manner typical of the traditional centrally-planned economy. It was...
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We estimate sibling correlations in health status using the Panel Study of Income Dynamics. We use Bayesian methods to estimate the covariance structure of a system of latent variable equations. Across a battery of outcomes, we estimate that between 50% and 60% of health status can be attributed...
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