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How are the EOI results different from outcome measures which also vary over the business cycle?

April 26, 2017Business CYCLE different eoi measures outcome results

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How are the EOI results different from outcome measures which also vary over the business cycle?

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Since the business cycle is closely linked to Americans’ earnings, the EOI results will not differ greatly from business cycle fluctuations/outcomes; however, the EOI allows people to examine exactly what factors are leading to the changes in expected lifetime earnings.