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The European Transport Industry has been heavily deregulated during the past 30 years, through initiatives that … opening the transport industry have had. By analyzing current data, the impact of economic deregulation on the volume of … transport industry production is studied. The empirical evidence confirm the positive impact on the system wide level suggesting …
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This paper documents a new stylized fact of the greater macroeconomic stability of the U.S. economy over the last two decades. Using 131 monthly time series, three popular statistical methods and the forecasts of the Federal Reserve’s Greenbook and the Survey of Professional Forecasters, we...
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