Aufbauend auf einem von Kaldor 1967 entwickelten Ansatz wird der Einfluss der Industrieproduktion auf das gesamtwirtschaftliche Wachstum untersucht. Eine Querschnittsregression mit Daten für 121 Länder bestätigt im Grundsatz Kaldors These, dass Wachstumsraten des Bruttoinlandsprodukts von...

The existence of fluctuations is part of the narrative, especially when there is a slowdown (or worse, a contraction) in economic activity. The presence of long waves with a period of about 50 years as proposed by Kondratieff is one of the most controversial and fascinating theories about...

Aggregated output in industrialized countries has become less volatile over the past decades. Whether this "Great Moderationʺ can be found in firm level data as well remains disputed. We study the evolution of firm level output volatility using a balanced panel dataset on German firms that...

Aggregated output in industrialized countries has become less volatile over the past decades. Whether this Great Moderationʺ can be found in firm level data as well remains disputed. We study the evolution of firm level output volatility using a balanced panel dataset on German firms that...