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Following a positive shock, financing constraints will prolong or impede economic expansion that would have been optimal in an unconstrained environment. The study of dynamic adjustment therefore offers a direct way of verifying the presence of financing constraints and assessing their...
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Germany over the horizon 2010-2035. The target is to quantify how fuel and carbon price risk impacts investment incentives of … thermal power plants. Results point to findings which are in line with general theory: Accounting for stochasticity increases …
Persistent link: https://www.econbiz.de/10009666498
In this paper, Structural Vector Autoregressive (SVAR) models of quarterly data between 2007 and 2021 are estimated to assess short-term regimes of aggregate demand and distribution in Germany. The obtained Impulse Response Functions (IRFs) of the conventional neo-Goodwinian baseline case, with...
Persistent link: https://www.econbiz.de/10014490713
Der Aufsatz beschäftigt sich mit der Nutzung von Kapazitäten in der Wirtschaft. An graphischen Beispielen aus der deutschen Wirtschaft werden Kapazitäten und derren Nutzung basierend auf Berechnungen des Ifo Instituts erörtert.
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