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Persistent link: https://www.econbiz.de/10012202427
use Bayesian sampling techniques to estimate the models. We show that the size of the priors on the trend and cycle shock … fit the data. On the other hand, if there is a prior belief that the trend shock is allowed to vary relatively freely, the …
Persistent link: https://www.econbiz.de/10012862313
The article analyses recent developments in business investment for a large group of EU countries, using a broad set of analytical tools and data sources. We find that the assessment of whether or not investment is currently low varies across benchmarks and countries. At the euro area level and...
Persistent link: https://www.econbiz.de/10011918803
The article analyses recent developments in business investment for a large group of EU countries, using a broad set of analytical tools and data sources. We find that the assessment of whether or not investment is currently low varies across benchmarks and countries. At the euro area level and...
Persistent link: https://www.econbiz.de/10011972278