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levels against losses in current income caused by economic downturns like the present financial crisis. We use a multi …
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automatic stabilizer in the current economic crisis. We find that automatic stabilizers absorb 38 per cent of a proportional …
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impact of the crisis on this process. The results obtained by employing the convergence model, known as the Partial …. The impact of the crisis on this process has been uneven across the countries and the sizes of the firms. …
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