Ritschl, Albrecht; Uebele, Martin - Sonderforschungsbereich 649: Ökonomisches Risiko, … - 2005
market behavior in the frequency domain. Close comovement of one series with the stock market enables us to decide between …This paper examines the comovement of the stock market and of real activity in Germany before World War I under the … are severely distorted by interference with the implicit price deflator. Among the nominal series, the income estimate of …