productivity and demand shocks have distinct implications for the firms' output and price adjustments. Using panel data on prices … productivity and demand for the labor market and the dispersions of prices and labor productivity. We further analyze the impact of … shocks to the first and second moments of idiosyncratic risk on macroeconomic outcomes. An increase in demand uncertainty …

Socio-Economic Panel, we explore whether local public expenditures on sports facilities influences individual labor market … sports in general and in any of the publicly funded sports facilities in particular. Moreover, improved well-being and health …