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illustrate our approach by comparing Germany and the US based on harmonized micro data. We find significant, sizeable and robust …
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We examine whether government ideology was correlated with the growth in military expenditure in Germany over the …
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to the fit. Using data for the United States, the euro area and Germany, we assess the performance of boosting when …
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Previous assessments of nominal exchange rate determination have focused upon a narrow set of models typically of the 1970 s vintage, including monetary and portfolio balance models. In this paper we re-assess the in-sample fit and out-of-sample prediction of a wider set of models that have been...
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economic growth. The model is estimated using quarterly data for Germany, the UK and the US from 1960 to 1999. Our econometric …
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and Germany to condition the relationship between real wages and business fluctuations on the phase of the cycle, it is … demonstrated that the inconclusive evidence is not only caused by measurement problems, estimation method and composition bias as … general, the evidence for countercyclical wages is stronger in Germany than for the US, but taken together there is no clear …
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West Germany. Our basic goal is to shed light on what makes German regions grow. The paper finds that the relative income …, here West Germany, shows that the model might help to explain regional growth patterns. …
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