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Unemployment Expectations, Jumping (S,s) Triggers, and Household Balance Sheets

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NBER1997-07-01 更新2025-01-04 收录
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This paper examines the relationship between household balance sheets, consumer purchases, and expectations. We find few robust empirical relationships between balance sheet measures and spending, but we do find that unemployment expectations are robustly correlated with spending. We then construct

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1997-07-01
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