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In this paper the authors investigate if there was a causal effect of changes in current and 'permanent' income on the health of East Germans in the years following reunification. Reunification was completely unanticipated and therefore can be seen as providing some exogenous variation, which...
Over recent years a number of papers have used individual or household longitudinal survey data to investigate the rationality of income expectations. In this paper the authors provide a novel contribution to this literature by examining the ability of individuals to correctly predict their own...