impact of changes in the interest rate on macroeconomic investment under certainty and under uncertainty to investigate … whether uncertainty over future interest rates in the Euro area hampers monetary policy transmission. In this non-linear model … 'play' area. Second, we apply an algorithm describing path-dependent play-hysteresis to estimate investment hysteresis using …

Carlo experiments, where we also study the estimation of the aggregate effects of micro and macro shocks. The paper …

Euro-zone only is no longer much smaller that the premium of firms that export beyond the Euro-zone, too, and the premium … significant and large only shows up for enterprises that exported to the Euro-zone already and start to export to countries …-econometric studies for 16 different countries on the relationship between export destination and firm performance. (2) It reports …

? The underlying idea is that unemployment hysteresis may operate through a sociological channel: if many people in the …

this paper, we adopt a global cointegration approach recently proposed by Bienstock and Felsenstein (2010) to account for …

assessment of 51 empirical studies on exports and firm characteristics that use data for German establishments or enterprises … between firm characteristics and export activities, demonstrating the decisive role of human capital intensity for exporting …

This paper documents the relationship between firm survival and three types of international trade activities - exports …

workforce sheds new light on the role of highly qualified employees for success on export markets that is not revealed by the …