lower real GDP permanently or whether we can expect a rebound to earlier trend levels. Using a recent quantile … autoregression unit root test we check whether shocks to real GDP have permanent or temporary effects. In contrast to earlier studies … root hypothesis at the conditional mean of GDP, but also in the tails of the distribution where the lower tail corresponds …

product (GDP) in current and constant dollars of many countries during the times of recession and recovery. We then argue that …

Night lights could be a valuable proxy of economic activity at the subnational level when GDP data are lacking or of … elasticity of GDP with regard to night lights across regions in Brazil, India, the United States, and Western Europe. The … relationship between regional GDP and night lights proves to be unstable, not only where regional GDP data may be unreliable but …