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This paper reports on the investigation of a model of the determination of the share of household expenditure on alcohol using FES data for the United Kingdom, 1970-83, i.e., a time series of cross sections. The authors pay special attention to the occurrence of zero expenditure, variations in...
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Distributional changes are an important part of the economic history of the OECD countries over the twentieth century. In the UK, income inequality in the 1970s was substantially lower than 40 years earlier, and is now much higher than in 1979. The pattern of change in the USA has similarities...
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