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We use an estimated monetary business cycle model with search and matching frictions in the labor market and nominal price and wage rigidities to study four countries (the U.S., the U.K., Sweden, and Germany) during the financial crisis and the Great Recession. We estimate the model over the...
Persistent link: https://www.econbiz.de/10010320789
This paper studies the relation between macroeconomic fluctuations and corporate defaults while conditioning on industry affiliation and an extensive set of firm-specific factors. Using a logit approach on a panel data set for all incorporated Swedish businesses over 1990-2002, we find strong...
Persistent link: https://www.econbiz.de/10010320796
Persistent link: https://www.econbiz.de/10012267218
This paper contains an empirical analysis of the dynamic effects of monetary policy on Swedish data within a framework consistent with the theoretical New-Keynesian type of small open economy models. Because of what appears to be time-varying seasonal patterns in the data, I argue that it is of...
Persistent link: https://www.econbiz.de/10011583586
manufacturing firms. First, there is a negative correlation between firms' productivity and their export share to low … found between the share of exports to lowincome countries and either productivity or R&D intensity is never in line with the …
Persistent link: https://www.econbiz.de/10011298736
In this paper, we argue that fundamental reforms of the Swedish business sector can explain the remarkable productivity … firms substantially contributed to productivity and employment growth during this period, which suggests that the …
Persistent link: https://www.econbiz.de/10011343029
-effects logit model show a significantly positive relationship between initial labour productivity and the decision to export. One … productivity is low when controlling for firm effects. Surprisingly, the impact of labour productivity on exporting in computer … between export probability and labour productivity on the one hand and skill intensity on the other is significant for micro …
Persistent link: https://www.econbiz.de/10011349018
; occupations ; wages ; productivity …
Persistent link: https://www.econbiz.de/10009722022
Persistent link: https://www.econbiz.de/10010379565
This paper analyses the effect of innovation on the well-established productivity-export association in the literature …. Here, we argue that actively innovative firms have a higher productivity, which make them more likely to become exporters … further, which may facilitate future productivity. We use the micro-data from two waves of Swedish Community Innovation Survey …
Persistent link: https://www.econbiz.de/10011508136