Showing 1 - 10 of 13
which the individual asset types have accumulated over time. In growth accounting, different estimates of total factor …
Persistent link: https://www.econbiz.de/10010535437
growth accounting, different estimates of total factor productivity emerge. The methodological difference, however, does not …
Persistent link: https://www.econbiz.de/10010535442
growth accounting, different estimates of total factor productivity emerge. The methodological difference, however, does not …
Persistent link: https://www.econbiz.de/10010984707
growth accounting, different estimates of total factor productivity emerge. The methodological difference, however, does not …
Persistent link: https://www.econbiz.de/10010984711
This paper presents a single error-correction analysis of German total, euro-area (intra) and non-euro-area (extra) import demand for the 1980-2004 period and the more recent 1993-2004 period. German import demand is mainly driven by domestic demand and foreign demand for German goods; by...
Persistent link: https://www.econbiz.de/10005083110
Is time-varying firm-level uncertainty a major cause or amplifier of the business cycle? This paper investigates this question in the context of a heterogeneousfirm RBC model with persistent firm-level productivity shocks and lumpy capital adjustment, where cyclical changes in uncertainty...
Persistent link: https://www.econbiz.de/10005059021
Using a unique German firm-level data set, this paper is the first to jointly study the cyclical properties of the cross-sections of firm-level real value added and Solow residual innovations, as well as capital and employment adjustment. We find two new business cycle facts: 1) The...
Persistent link: https://www.econbiz.de/10005059026
accounting, during their first (partial) year in charge, (2) incoming CEOs from outside the bank take a larger earnings bath than …
Persistent link: https://www.econbiz.de/10010957116
On the basis of accounting and market data for firms and groups listed on German stock exchanges between 1997 and 2003 …, we show that the value relevance of R&D information under German accounting standards can be superior to that provided by …
Persistent link: https://www.econbiz.de/10005083232
- Handelsgesetzbuch (HGB)) and international (IAS and US-GAAP) accounting information, as well as European patent data to explain the … market values of German manufacturing firms. For the chosen volatile period from 1997 to 2002, cautious national accounting … information does not correlate with the firms? residual market values (RMV). International accounting information makes no …
Persistent link: https://www.econbiz.de/10005083258