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Total Factor Productivity (TFP) accounts for a sizable proportion of the income differences across countries. Two …
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Summary This note investigates the structure of dominance relations in daily returns of 32 German assets during the 1990s. We focus on stochastic dominance of first, second and third order but meanvariance and mean-Gini dominance is also considered. Efficient (i. e., nondominated) sets of assets...
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