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that sectoral shocks are at the root of merger waves. Deregulation and globalization are identified as the shocks … DOME database which has been built up at the Kiel Institute of World Economics. On average, performance of merging and non …
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of the disruption in production that started in China and then quickly spread across the world. We find that the COVID-19 … shock has a considerable impact on most economies in the world, especially when a share of the labor force is quarantined …
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policy and government spending shocks. To our knowledge, however, this is the first time it is used to analyze the effect of …
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