The German Manufacturing Sector is a Granular Economy
Research output: Journal contributions › Journal articles › Research › peer-review
Authors
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.
| Original language | English |
|---|---|
| Journal | Applied Economics Letters |
| Volume | 19 |
| Issue number | 17 |
| Pages (from-to) | 1663-1665 |
| Number of pages | 3 |
| ISSN | 1350-4851 |
| DOIs | |
| Publication status | Published - 11.2012 |
- Economics, empirical/statistics - Germany, granular residual, idiosyncratic shocks, power law