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in Rogerson (1988) can again be used to convexify consumption sets, and we perform aggregation over individual …
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showing that mortality is pro-cyclical whereas others find the opposite. Some suggest that the aggregation level of analysis …
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We estimate a model that allows for dynamic and interdependent responses of morbidity in different local areas to economic conditions at the local and national level, with statistical selection of optimal local area. We apply this approach to quarterly British data on chronic health conditions...
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