Lo, Ming Chien (contributor); Piger, Jeremy Max (contributor) - 2003 - [Elektronische Ressource], rev.
literature, including Garcia and
Schaller (2002) for the United States, Peersman and Smets (2001) for the euro area and
Kaufmann …
provided some evidence in favor of this theory using industry level data for seven euro area
countries. They find that those …