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In this paper we emphasize the contribution of technical change, broadly defined, towards productivity growth in explaining the relative East Germany-West Germany performance during the post-World War II era. We argue that previous work was excessively focused on physical capital investments...
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The purpose of this study is to test the relationship between GDR Conversion in the Egyptian Stock Market and the USD/EGP Exchange Rate. Our study is mainly motivated by the paucity of similar studies in context of MENA capital markets and in most other emerging markets.Lately a problem aroused...
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