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reale Variablen (1953-1987) ergeben, daß die random-walk-Hypothese für die Bundesrepublik Deutschland im großen und ganzen …
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Globalization has effected business cycle developments in OECD countries and has increased activities of firms across national borders. This paper analyzes whether these two developments are linked. We use a new firm-level dataset on the foreign activities of German firms to test whether foreign...
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