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In May 1996 the U.S. Supreme Court struck down Rhode Island's ban on advertising prices of alcoholic beverages, making … Rhode Island the subject of a natural experiment for measuring the impact of advertising on prices. Using Massachusetts … prices as controls, we find that while advertising stores substantially cut prices of advertised products, prices of other …
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The world's population is living longer but retiring earlier, and vast numbers of adults now spend as much as 1/3 of their lifetimes relying on public and private retirement benefits. Consequently, labor economists are interested in the forces driving retirement behavior, seeking to understand...
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