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This paper provides a cross-country comparison of life-cycle and business-cycle fluctuations in the dispersion of … household-level wage innovations. We draw our inference from household panel data sets for the US, the UK, and Germany. First …, but with increments being smaller in the European data. Third, we find that wage risk is procyclical in Germany while it …
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"guessed" that of Germany. With the newfound availability of the German I/O table of 1936, the inter-industry structure can be …
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This paper considers different approaches to modelling the economic impact of the COVID-19 pandemic/lockdown shocks. We review different modelling strategies and argue that, given the nature of the bottom-up recession caused by the pandemic/lockdowns, simulation models of the shocks should be...
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