Policy heterogeneity 

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Microsoft Word - discussion49.doc
... of policy heterogeneity 15 4 quantifying policy heterogeneity 21 5 empirical analysis 25 6 conclusions and policy implications 33 annex 1 derivation number of exporting firms 37 annex 2 policy heterogeneity ... the policy-heterogeneity ntb has no impact on the export price. while the quasi-tariff ntb lowers average firm size, policy heterogeneity has the opposite effect. policy heterogeneity thus ...
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analyzing fiscal policy netherlands simulations revised mimic pdf
... estimation results of a linearized macro-wage equation. for small policy changes, this procedure suffices. however, in case of policy shocks causing large changes in unemployment, strong non-linearities ... transition rate from unemployment into employment is due to heterogeneity in the composition of the unemployed. in mimic part of the heterogeneity-effect is captured by the distinction between ...
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