We construct a unique data set to analyze whether or not a large temporary shock had an impact on German city growth … German cities during WWII as our example of such a shock. The goal of this paper is to analyze the impact of this shock on … war shock had a permanent impact on German city-growth. If, however, as a second group of theories predicts, the random …

We construct a unique data set to analyze whether or not a large temporary shock had an impact on German city growth … German cities during WWII as our example of such a shock. The goal of this paper is to analyze the impact of this shock on … war shock had a permanent impact on German city growth. If, however, as a second group of theories predicts, the random …

during the Great Recession, but the wage stickiness necessary for them to account for the slow employment recovery and the …

variation alone because (i) the local and aggregate elasticities to the same type of shock are quantitatively different and (ii …

Danish ICT sector to the shock following the burst of the dot-com bubble. It is shown that regions characterised by small and … sensitivity to the business cycle after the shock. Different types of resilient regions are found: adaptively resilient, rigidly …