of positive effects emerge. With respect to takeovers of German companies by foreign investors, the productivity and … international, we find positive productivity and sales effects for relatively small companies investing abroad, and this …

conceptualised as news about a future slowdown in productivity growth in the tradable sector. Simulations show that the responses of …' for tradable producers before the slowdown in tradable sector productivity associated with Brexit occurs. Resources are … the productivity decline in the tradable sector materialises. The negative news about tradable sector productivity also …