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Long Boom (N1, 04)<br />The period from the 1940s to 1960s (or 1990 some assert) which was characterized by historically high economic growth rates, low unemployment and fairly stable prices. Cheap oil prices helped to sustain the boom.
<strong>R</strong> – Code used to request a “release” on a disbursement or to indicate a released status, as defined within CommonLine file specifications.
Marchi, N. de and Gilbert, C. (eds) (1989) History and Methodology of Econometrics, Oxford: Clarendon Press.<br /> Pagan, A. (1987) 'Three econometric methodologies: a critical appraisal', Journal of Economic Surveys 1: 3-24.<br /> Pagan, A.R. and Wickens, M.R. (1989) 'A survey of some recent econometric methods', Economic Journal99: 962-1025.<br /> Walters, A.A. (1968) An Introduction to Econometrics, London: Macmillan.
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poverty trap (H2, B)<br />1 Keeping low-income groups at the same level of disposable incomes because the rules of a country's tax and benefit system penalize the shift from welfare to employment incomes.<br /> 2 Having no incentive to move from being a welfare recipient to an employed person. These people pay high MARGINAL TAX RATES on their incomes because when they have an increase in income they both lose their cash welfare benefits and begin to pay income tax. The trap is calculated as the ratio of income tax + NATIONAL INSURANCE CONTRIBUTIONS +
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