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RDP 2007-05: Labour Force Participation and Household Debt
Equation (2)
P
(
L
F
P
i
=
1
|
X
i
,
Assets
i
,
Debts
i
)
=
Φ
(
X
i
β
+
Assets
i
γ
1
+
Debts
i
γ
2
)
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