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A popular interpretation of the Rational Expectations/Efficient Markets hypothesis states that, if it holds, market valuations must follow a random walk; hence, the hypothesis is frequently criticized on the basis of empirical evidence against such a prediction. Yet this reasoning incurs what we...
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the micro-structure of the recent export recovery in 2010 in manufacturing industries in Germany after the great recession …
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This paper establishes stylized facts about the cyclicality of real consumer wages and real producer wages in Germany …
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Germany, we find that works councils affect wage growth only in combination with collective bargaining. Wage adjustments to …
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Germany, we find that works councils affect wage growth only in combination with collective bargaining. Wage adjustments to …
Persistent link: https://www.econbiz.de/10010303638
Germany, we find that works councils affect wage growth only in combination with collective bargaining. Wage adjustments to …
Persistent link: https://www.econbiz.de/10010272104
This paper establishes stylized facts about the cyclicality of real consumer wages and real producer wages in Germany …
Persistent link: https://www.econbiz.de/10010274586