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We provide empirical evidence on the degree and characteristics of price rigidity in Austria by estimating the average …
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The evolution of higher moments of the firm size distribution so far seems to be neglected in the empirical firm growth literature. Based on GMM estimates, this paper introduces simple Wald tests to investigate whether the firm size distribution converges in both the second and third central...
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models in the case of Austria's recession in 2009. For this purpose, 8 DSGE models with different characteristics (small and …
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This paper attempts to quantify the impact of fragmentation on employment. Factor demand functions for labour and intermediates and mark up price equations derived from a Generalized Leontief cost function at industry level are estimated. Import prices and output prices influence the price of...
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