Showing 1 - 2 of 2
We establish some stylised facts for Germany’s business cycle at the level of the firm. Based on longitudinal firm-level data from the Bundesbank’s balance sheet statistic covering, on average, 55,000 firms per year from 1971 to 1998, we analyse the reallocation across individual producers...
Persistent link: https://www.econbiz.de/10003029826
The recent increase in China's house prices at the national level masks tremendous variation at the city level – a … feature largely overlooked in the macroprudential literature. This paper measures the evolving heterogeneity in China's house … China's city-level housing price synchronization. The estimates indicate an increasing synchronization leading up to 2015 …
Persistent link: https://www.econbiz.de/10012862660