We examine the comovements between the output indexes of three German sectors (manufacturing, mining, and agriculture) and the three corresponding sectoral stock market indexes. It is found that data with and without seasonal adjustment give mixed results on the long-run interaction between the...

We examine the comovements between the output indexes of three German sectors (manufacturing, mining, and agriculture) and the three corresponding sectoral stock market indexes. It is found that data with and without seasonal adjustment give mixed results on the long-run interaction between the...

We examine the comovements between the output indexes of three German sectors (manufacturing, mining, and agriculture) and the three corresponding sectoral stock market indexes. It is found that data with and without seasonal adjustment give mixed results on the long-run interaction between the...

Sanfte Landung in der konjunkturellen Abschwungphase 1989/90. Exporterfolge übertreffen die Erwartungen. Gedämpfter Optimismus an der Inflationsfront. Geringe Arbeitsproduktivität bereitet Sorgen. Rasches Wachstum des informellen Sektors entlastet den Arbeitsmarkt. Lohnkonflikte verschärfen...