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This paper seeks to identify the largest two shocks that can explain the movement in Canadian GDP for the period 1981Q1 to 2011Q4. I employ a very flexible identification method proposed by Uhlig (2003) that allows us to identify the key shocks from the time series data without imposing any...
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' post-entry dynamics and aggregate productivity. …
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separately. Commodity specific elasticities are further estimated to forecast the exports of commodities exported to respective …
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This paper addresses the issue of estimating and forecasting productivity growth trends in the US and Germany from the … productivity to derive a model for short- and/or long-term forecasts of labour productivity. We will use stability tests and a … for long-term forecasts and argue in favor of a near unit-root modelling. That implies a convergence of productivity …
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