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for by the real common factor, which is proportional to world growth in our empirical model and linked to the risk …
Persistent link: https://www.econbiz.de/10011800098
for by the real common factor, which is proportional to world growth in our empirical model and linked to the risk …
Persistent link: https://www.econbiz.de/10012920871
for by the real common factor, which is proportional to world growth in our empirical model and linked to the risk …
Persistent link: https://www.econbiz.de/10012927877
factor, which is extracted from world growth in our empirical model and linked to the risk-free rate in the theoretical model … and in the data. Second, the share of volatility forecast error variance explained by the real common shock and by country …
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This paper analyzes Germany's unusual labor market experience during the Great Recession. We estimate a general equilibrium model with a detailed labor market block for post-unification Germany. This allows us to disentangle the role of institutions (short-time work, government spending rules)...
Persistent link: https://www.econbiz.de/10012909849
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