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The German manufacturing sector is a granular economy

Joachim Wagner ()

Applied Economics Letters, 2012, vol. 19, issue 17, 1663-1665

Abstract: Using the approach suggested by Gabaix (2011), this article demonstrates that idiosyncratic shocks in the largest firms are important for an understanding of aggregate volatility in German manufacturing industries.

Date: 2012
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Working Paper: The German Manufacturing Sector is a Granular Economy (2011) Downloads
Working Paper: The German Manufacturing Sector is a Granular Economy (2011) Downloads
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DOI: 10.1080/13504851.2012.663466

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