In this study, we employ the pairwise stochastic convergence approach to identify the pairs of NUTS2 regions for all 28 EU Member States that exhibit co-movement in their growth dynamics, over the period 1980-2018. We then use the observed stochastic convergence trajectories to assess the role...

The COVID-19 shock hit firms hard, on average, but how did it hit in the distribution of firms, differently between the high-growth superstars and the firms that were already struggling to survive? This paper implements graphical techniques and quantile regression to analyse the effect of the...

Despite its stability over time, as for any statistical relationship, Okun's law is subject to deviations that can be large at times. In this paper, we provide a mapping between residuals in Okun's regressions and structural shocks identified using a SVAR model by inspecting how unemployment...

Gegenstand der vorliegenden Fallstudie ist der durch die geringe internationale Wettbewerbsfähigkeit des deutschen Steinkohlebergbaus ausgelöste Strukturwandel im Ruhrgebiet im Untersuchungszeitraum von Ende der 1950er Jahre bis 2015. Die Fallstudie beschreibt den historischen...