Please use this identifier to cite or link to this item: http://dspace.mediu.edu.my:8181/xmlui/handle/10419/19658
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dc.creatorWeber, Sebastian-
dc.creatorDöpke, Jörg-
dc.date2006-
dc.date.accessioned2013-10-16T07:06:09Z-
dc.date.available2013-10-16T07:06:09Z-
dc.date.issued2013-10-16-
dc.identifierhttp://hdl.handle.net/10419/19658-
dc.identifierppn:517218755-
dc.identifierRePEc:zbw:bubdp1:4758-
dc.identifier.urihttp://koha.mediu.edu.my:8181/xmlui/handle/10419/19658-
dc.descriptionWe analyse stylised facts for Germany's business cycle at the firm level. Based on longitudinal firm-level data from the Bundesbank's balance sheet statistics covering, on average, 55,000 firms per year from 1971 to 1998, we estimate transition probabilities of a firm in a certain real sales growth regime switching to another regime in the next period, e.g. whether a firm that has witnessed a high growth rate is likely to stay in a regime of high growth or is bound to switch in a regime of low growth in the subsequent period. We find that these probabilities depend on the business cycle position.-
dc.languageeng-
dc.relationDiscussion paper Series 1 / Volkswirtschaftliches Forschungszentrum der Deutschen Bundesbank 2006,29-
dc.rightshttp://www.econstor.eu/dspace/Nutzungsbedingungen-
dc.subjectD21-
dc.subjectD92-
dc.subjectE32-
dc.subjectddc:330-
dc.subjectbusiness cycles-
dc.subjectfirm growth-
dc.subjectMarkov chains-
dc.subjectUnternehmensentwicklung-
dc.subjectUnternehmenswachstum-
dc.subjectKonjunktur-
dc.subjectMarkovscher Prozess-
dc.subjectSchätzung-
dc.subjectDeutschland-
dc.titleThe within-distribution business cycle dynamics of German firms-
dc.typedoc-type:workingPaper-
dc.coverage1971-1998-
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