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ignored in many previous studies of risk sharing. The paper shows that the risk sharing hypothesis is rejected for a panel of …
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This study uses country-level panel data on consumption in Ireland and seven other OECD countries to examine the …
Persistent link: https://www.econbiz.de/10003519331
equation which encompasses many recent developments in consumption theory: habit formation, intertemporal substitution effects … consumption.Next, we estimate this dynamic consumption equation for a panel of 15 OECD countries over the period 1972-2007 taking …
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The COVID-19 pandemic has been shown dire consequences for the global economy, not only in the past and present but also in the future. These consequences are not only humanitarian but also financial and economic. This article raises the question of whether the state of the health system is a...
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