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Hilary W. Hoynes⇑ and Ankur J. Patel Hoynes is a Professor of Economics and Public Policy at the Goldman School of Public Policy, University of California, Berkeley. She is also a Research Associate for the National Bureau of Economic Research. Ankur Patel is a Financial Economist at the U.S. Department of the Treasury. Hilary Hoynes, Goldman School of Public Policy, University of California Berkeley, 2607 Hearst Avenue, Berkeley, CA 94720 (hoynes{at}berkeley.edu).
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Hoynes et al. (2017) studied this question.
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