RES in 1990 captures the likelihood for individuals to loose their job in the transition years following 1990. The construction of the variable is explained in detail in the Online Appendix. Unemployment Experience between 1991–1999 and Years of Unemployment between 1991–1999 are constructed by onl...
As Biden’s sister Valerie explained, “Joey is going to be president someday. He was made to be in the White House. Just you wait and see.” Biden proclaimed “there is no other walk of life which can do more good for mankind than politics,” but money was also part of it. “I...