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The relevance of imperfect competition for models of aggregate economic fluctuations has received increased attention from researchers in both macroeconomics and industrial organization. Measuring properly the size of industry markups of price over marginal cost is important both for assessing...
Persistent link: https://www.econbiz.de/10013233459
Each of the main explanations of procyclical labor productivity, or short-run increasing returns to labor (SRIRL), is closely associated with a competing theory of the business cycle: Real business cycle theorists attribute SRIRL to procyclical technological shocks, proponents of recent theories...
Persistent link: https://www.econbiz.de/10013249702
This paper examines the seasonal cycle in the manufacturing sector of the U.S. economy. we present estimates of the seasonal patterns in monthly data for 2-digit industries, and we demonstrate the similarity of the seasonal cycle and the business cycle in manufacturing with respect to several...
Persistent link: https://www.econbiz.de/10013312494
In the debate about relocation to the developing countries of “structurally weak” industries the clothing industry has attracted the special interest of academic and political economists in the Federal Republic of Germany. The following article constitutes a summary of the most important...
Persistent link: https://www.econbiz.de/10011554292
Stehen die USA vor einer Rezession und wenn ja, hat die europäische Politik Grund zur Sorge? Wie groß ist das Risiko … für die europäische Wirtschaft und welche Gegenmaßnahmen sollten in Europa eingeleitet werden? Andreas Rees, UniCredit …, Deutschland, sieht die US-Wirtschaft nicht kurz vor, sondern schon in einer Rezession: "Etliche gängige Konjunkturindikatoren …
Persistent link: https://www.econbiz.de/10005013260
Die weltwirtschaftliche Entwicklung ist im Frühsommer 2004 aufwärts gerichtet. Die USA, Südostasien, Japan und - wenn … Rohstoffpreisen. Auch lassen die stimulierenden Wirkungen von Geld- und Fiskalpolitik nach. Die deutsche Konjunktur allerdings zeigt …
Persistent link: https://www.econbiz.de/10005048038
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The US manufacturing sector is currently experiencing its most significant upswing in 35 years, leading many politicians and economic analysts to claim that the US economy is being re-industrialised. While the notion of a renaissance of the industrial sector does not seem far-fetched, given that...
Persistent link: https://www.econbiz.de/10010228468